SITIME (SITM) EVP Fariborz Assaderaghi Sells 1,500 Shares

What Happened
Fariborz Assaderaghi, Executive Vice President, Engineering & Technology at SITIME Corp (SITM), sold 1,500 shares of company stock in open‑market transactions on May 29, 2026. The reported weighted average sale price was $712.72 per share (range $700.00–$719.53), resulting in total proceeds of approximately $1,069,080. This filing reports a sale (S) rather than a purchase.

Key Details

• Transaction date: May 29, 2026 (reported on Form 4 filed June 2, 2026). Filing appears timely under the two‑business‑day rule.
• Price: Weighted average $712.72; individual trades ranged from $700.00 to $719.53 per share (footnote indicates multiple transactions; breakdown available on request).
• Shares sold: 1,500; proceeds ≈ $1,069,080.
• Ownership after transaction: not specified in the provided filing extract.
• Relevant footnotes: F1 explains the weighted average and price range with offer to provide per‑trade breakdown; F2 notes the reporting person has 76,830 unvested shares issuable under previously reported restricted stock units (32,013 time‑vested RSUs and 44,817 performance‑based RSUs).
• Transaction code: S = Sale (open‑market/private sale indicated).

Context
Insider sales are common and can reflect many personal or portfolio reasons; they are generally considered less informative than insider purchases for gauging sentiment. This report documents a routine sale by an executive and does not, by itself, indicate company performance or insider intent.