4Filed Aug 23, 8:00 PM ET
SITM CFO Elizabeth Howe Sells 2,740 Shares (Tax Withholding)
$SITM · SITIME CorpResearch Summary
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SITM CFO Elizabeth Howe Sells 2,740 Shares (Tax Withholding)
What Happened Elizabeth A. Howe, Chief Financial Officer of SITIME Corp (SITM), had 2,740 shares of common stock disposed/withheld on August 20, 2026 to satisfy an exercise price or tax liability. The shares were valued at $598.81 each, for a total value of approximately $1,640,739. This was a tax-withholding/settlement-type disposition (code F), a routine administrative action rather than an open-market sale for investment purposes.
Key Details
- Transaction date: 2026-08-20; filing date: 2026-08-24 (Form 4 filed after the transaction; no late filing flag indicated).
- Price per share: $598.81; shares disposed/withheld: 2,740; total value: $1,640,739.
- Shares owned after transaction: Not specified in the filing.
- Transaction code F = payment of exercise price or tax liability (shares were withheld/used to cover taxes).
- Footnote: The filing notes an aggregate of 52,770 unvested units remain issuable under previously reported restricted stock units and performance-based restricted stock units (32,088 time-vested RSUs; 20,682 PSUs that vest based on stock-price performance).
Context
- Tax-withholding dispositions (code F) commonly occur when restricted stock units vest or options are exercised and shares are withheld to cover withholding taxes; they do not necessarily indicate the insider is selling shares to take a market position.
- Because this was a withholding/settlement, it’s a routine administrative event rather than a signal of insider confidence or lack thereof.