Form 4: SITIME EVP Sells Shares for Tax Obligations

SITIME Corp's Executive Vice President of Engineering & Technology, Fariborz Assaderaghi, disposed of 4,118 shares of common stock to cover tax withholding obligations at a price of $252.76 per share.

Summary

• Fariborz Assaderaghi, Executive Vice President, Engineering & Technology of SITIME Corp, reported a disposition of common stock.
• On November 20, 2025, 4,118 shares of SITIME Corp Common Stock were disposed of at a price of $252.76 per share.
• This transaction was marked with code 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Assaderaghi beneficially owns 86,315 shares of common stock directly.
• The beneficial ownership includes 79,548 unvested shares, comprising 32,528 time-based restricted stock units and 47,020 performance-based restricted stock units.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition of shares for tax withholding purposes, which is common for executives receiving equity compensation. It does not indicate a change in the executive's overall confidence in the company, especially given the significant remaining holdings and unvested units.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned sale not based on new material non-public information.
• The sale was specifically for tax withholding obligations, not a discretionary sale to reduce overall holdings.
• The reporting person still holds a significant number of shares (86,315), including a substantial portion of unvested restricted stock units (79,548), indicating continued alignment with shareholder interests.

Negatives

• A disposition of shares by an executive, even for tax purposes, reduces their direct equity stake in the company.

Future Outlook

N/A. This filing reports a past transaction and does not contain forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an individual executive's equity activity within SITIME Corp.

Related Party Transactions

• Disposition of 4,118 shares of common stock to the issuer (SITIME Corp) by an executive (Fariborz Assaderaghi) to satisfy tax withholding obligations related to equity compensation.

Stakeholder Impact

• Shareholders: A minor reduction in the executive's direct ownership, but the transaction is for tax purposes and pre-planned, suggesting no negative signal. The executive retains substantial equity, aligning interests.
• Employees: No direct impact.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax withholding obligations upon the vesting of equity awards. Such transactions are common and typically do not signal a change in the executive's outlook on the company's future. The executive retains a substantial beneficial ownership, including a significant number of unvested restricted stock units, indicating continued alignment with shareholder interests. Therefore, this specific filing does not provide a basis for a change in investment recommendation; a 'hold' stance is maintained, pending further operational or financial news.

Keywords

SITIME Corp, SITM, Form 4, Insider Trading, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Withholding, Fariborz Assaderaghi, Equity Disposition