SiTime Corporation CEO Rajesh Vashist sold 12,000 shares of common stock on September 9, 2026.
The transaction totaled approximately $7.24 million. Vashist sold the shares at a weighted average price of $603.47. This sale reduced the CEO's direct ownership by 3.36%.
Vashist now maintains direct holdings of 345,544 shares. This total includes 234,434 unvested restricted and performance-based stock units.
The transaction follows a year of significant stock price appreciation.