SiTime CEO Rajesh Vashist Sells $7.24M in Common Stock
SITIME Corp
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Filing Summary
🚨 Insider Sale Alert: SITM Insider: Rajesh Vashist (Chief Executive Officer, Director) Action: Sold 12,000 shares of Common Stock at ~$603.47 per share Total Value: $7,241,640.00 Direct Shares Remaining: 345,544 10b5-1 Plan: Not indicated (0)
Comprehensive Analysis
Executive Summary
On September 9, 2026, Rajesh Vashist, Chief Executive Officer and Director of SITIME Corp ($SITM), executed an open-market sale of 12,000 shares of common stock at a weighted average price of $603.47 (range: $600.00 – $606.00), generating total gross proceeds of approximately $7.24 million.
Transaction Details
- Security: Common Stock
- Transaction Type: Open Market Sale (Code
S) - Shares Sold: 12,000
- Weighted Average Price: $603.47
- Total Transaction Value: $7,241,640.00
- Post-Transaction Direct Ownership: 345,544 shares (including 234,434 unvested RSUs/PRSUs)
- Indirect Holdings:
- 9,781 shares held via Aldebran Constellation LLC
- 26,459 shares held via Aldebran Rajesh Family Dynasty Trust
- 26,459 shares held via Aldebran Rohini Family Dynasty Trust
- 10b5-1 Trading Plan: Not checked (
0)
Market & Strategic Context
- Material Size: A direct sale exceeding $7 million by the chief executive represents a significant monetary transaction.
- Substantial Retained Exposure: Following the sale, Mr. Vashist retains direct ownership of 345,544 shares alongside over 62,000 indirect shares across family entities and trusts, maintaining substantial alignment with company performance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
