Ahamad Samsheer 4
Research Summary
AI-generated summary
SITIME (SITM) SVP Ahamad Samsheer Sells 9,100 Shares
What Happened
- Ahamad Samsheer, Senior Vice President Finance and Chief Accounting Officer of SITIME Corp (SITM), sold 9,100 shares in an open-market transaction on 2026-02-11 for $441.47 per share, generating $4,017,377. He also received multiple restricted stock unit (RSU/PRSU) awards on 2026-02-10 totaling 10,327 shares (granted at $0.00) and made a charitable gift of 900 shares (reported 2026-02-11/12).
Key Details
- Sale: 9,100 shares on 2026-02-11 at $441.47 per share — proceeds $4,017,377.
- Grants: Four awards on 2026-02-10 totaling 10,327 RSUs/PRSUs (acquisition price $0.00). Vesting/conditions per footnotes:
- F1: RSU under Executive Bonus & Retention Plan — 50% vest May 20, 2026; 50% vest Aug 20, 2026.
- F2: 6,140 PRSUs tied to performance; vest Feb 20, 2027 if targets met.
- F3: RSU vesting schedule beginning Feb 20, 2026 (6.25% then quarterly).
- F4: PRSUs vest based on relative total stockholder return over three years.
- Gift: 900 shares donated to Stifel Charitable Inc., FBO the Ahamad Family Foundation; Reporting Person does not retain voting or investment power over these shares (F5).
- Unvested holdings: Filing notes an aggregate of 34,871 shares issuable under previously reported unvested RSUs/PRSUs (21,937 time-vested RSUs and 12,934 performance-based RSUs) (F6).
- Filing: Report filed on 2026-02-12 for transactions dated 2026-02-10/11 — appears timely (Form 4 is generally due within two business days).
Context
- The sale was an outright open-market disposal; the grants are non-cash RSU/PRSU awards with time- and performance-based vesting. Gifts to a charitable vehicle typically reflect tax/charitable planning rather than a trading view. The PRSUs only convert to shares if specified performance targets are met.