Ahamad Samsheer 4
Research Summary
AI-generated summary
SITIME SVP Finance Ahamad Samsheer Sells 1,484 Shares (Tax Withholding)
What Happened
- Ahamad Samsheer, SVP Finance and Chief Accounting Officer of SITIME Corp (SITM), had 1,484 shares disposed on May 20, 2026 as a payment of tax liability (Form 4 code F). The shares were valued at $697.00 each, for a total of approximately $1,034,348. This filing reports the disposition to satisfy tax obligations (withholding), not an open-market sale driven by investment choice.
Key Details
- Transaction date and price: May 20, 2026 — 1,484 shares at $697.00 per share.
- Total value: ~$1,034,348.
- Transaction code: F (payment of exercise price or tax liability) — indicates shares were withheld/disposed to cover tax liability.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 notes there are 26,925 shares issuable under previously reported restricted stock units (RSUs) and performance-based RSUs (13,991 time-vesting RSUs; 12,934 performance-based RSUs subject to stock-price performance) that have not vested.
- Filing timeliness: Reported May 22, 2026 for a May 20 transaction — appears timely under Form 4 rules.
Context
- Code F transactions typically reflect withholding to satisfy tax obligations when awards vest or options are exercised; they are routine administrative dispositions and don’t necessarily signal insider sentiment about the company.
- The filing does not indicate an open-market sale for investment purposes; it documents shares surrendered to cover taxes tied to equity compensation.