SITM.NASDAQSitime CORP

Form 4: SITM CEO Sells Shares Under 10b5-1 Plan

Sentiment:

Insider Transaction Report


SITIME Corp CEO Rajesh Vashist reported the sale of 2,000 shares of common stock on November 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

  • Rajesh Vashist, Chief Executive Officer and Director of SITIME Corp (SITM), reported transactions on November 3, 2025.
  • Vashist disposed of a total of 2,000 shares of common stock in two separate transactions.
  • The first transaction involved the sale of 1,000 shares at a price of $290.5 per share.
  • The second transaction involved the sale of 1,000 shares at a price of $289 per share.
  • These transactions were executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.
  • Following these transactions, Vashist directly beneficially owns 449,208 shares of common stock.
  • The direct beneficial ownership includes 280,158 unvested restricted stock units (RSUs) and performance-based restricted stock units (PBRSUs).
  • Of the unvested units, 77,605 are time-based RSUs and 202,553 are performance-based RSUs tied to the issuer's common stock price performance.
  • Vashist also indirectly beneficially owns 28,399 shares through various family trusts and an LLC where he has voting and investment power.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine insider transaction executed under a pre-arranged 10b5-1 plan, which typically signals a planned liquidity event rather than a reaction to new company-specific information.

Negatives

  • The sale of shares by a Chief Executive Officer, even if pre-planned, reduces their direct equity stake in the company.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Disclosure of Trading PlanThe reported transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan. This indicates a pre-arranged trading plan designed to comply with insider trading laws.11/03/2025The use of a 10b5-1 plan enhances transparency and provides an affirmative defense against insider trading allegations, demonstrating adherence to corporate governance best practices for insider stock transactions.

Related Party Transactions

  • Rajesh Vashist indirectly owns 1,809 shares through the Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021, where he is a manager with voting and investment power.
  • Rajesh Vashist indirectly owns 1,809 shares through the Aldebran Rohini Family Dynasty Trust DTD 09/23/2021, where he is a manager with voting and investment power.
  • Rajesh Vashist indirectly owns 24,781 shares through Aldebran Constellation LLC, where he is a manager with voting and investment power.

Stakeholder Impact

  • Shareholders: The sale of shares by the CEO, even if planned, slightly reduces the direct alignment of the CEO's personal equity with shareholder interests, though the amount is relatively small compared to total holdings.
  • Regulatory Authorities: The filing demonstrates compliance with Section 16(a) of the Securities Exchange Act of 1934 and the use of a 10b5-1 plan, which is a positive for regulatory oversight.

Key Dates

DateDescription
11/03/2025Date of reported transactions for the sale of common stock.
11/04/2025Date the Form 4 was signed by the attorney-in-fact.

Keywords

SITIME Corp, SITM, Rajesh Vashist, CEO, Director, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Common Stock

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.