SITIME (SITM) SVP/CAO Ahamad Samsheer Gifts Shares, Pays Tax Withholding

What Happened

• Ahamad Samsheer, SVP Finance and Chief Accounting Officer of SITIME (SITM), made two dispositions reported on Form 4: a bona fide gift of 17,167 shares on March 13, 2026, and a payment/withholding of 1,484 shares on August 20, 2026 to satisfy tax/exercise obligations. The 1,484 shares were valued at $598.81 each, totaling $888,634. The gift was made to The Samsheer and Zarifa Ahamad Revocable Living Trust.

Key Details

• Transaction types: Gift (G) of 17,167 shares (no cash proceeds); Tax/expense withholding (F) of 1,484 shares for $598.81/share = $888,634.
• Dates: Gift executed March 13, 2026; withholding/payment recorded August 20, 2026. Form 4 filed August 24, 2026.
• Ownership after transaction: The transferred shares are owned directly by the Revocable Living Trust (the reporting person is a manager with voting and investment power). The filing does not list total shares remaining directly owned by the reporting person after these transfers.
• Unvested awards: Footnote notes 24,014 unvested RSUs/PBRSUs (11,080 time-vested RSUs; 12,934 performance-based RSUs) that remain outstanding and unvested.
• Timeliness: This Form 4 was filed late due to an administrative error (transactionTimeliness = L).

Context

• Gift transactions generally reflect estate or family planning and are not direct signals of insider sentiment about the company’s prospects.
• The F-code withholding indicates shares were surrendered/withheld to cover taxes or exercise costs rather than a market sale; that generated the $888,634 value reported.
• No purchase/market-sale activity was reported by the insider in this filing.