SiTime EVP Fariborz Assaderaghi Sells $963K in Common Stock Under Rule 10b5-1

Executive Summary

On October 2, 2026, Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp ($SITM), sold 1,374 shares of Common Stock at an average price of $701.05 per share, realizing approximately $963,243. The filing indicates the transaction was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan.

Transaction Details

• Insider: Fariborz Assaderaghi (EVP, Engineering & Technology)
• Security: Common Stock
• Transaction Type: Open-market sale (Transaction Code: S)
• Shares Sold: 1,374
• Price Per Share: $701.05
• Gross Proceeds: $963,242.70
• Post-Transaction Beneficial Ownership: 66,861 shares

Holdings Context

Following the sale, Mr. Assaderaghi retains direct ownership of 66,861 shares of common stock. As noted in footnote (F1), this balance includes 57,770 unvested restricted stock units and performance-based restricted stock units (27,319 time-based RSUs and 30,451 PSUs tied to absolute and relative stock performance). The 1,374 shares sold represent approximately 2.0% of his total reported equity holdings prior to the trade.

Market & Trading Significance

The trading significance is categorized as Low due to the adoption of a pre-established Rule 10b5-1 trading plan and the relatively modest fraction (~2%) of total holdings disposed.