Sevalia Piyush B, who serves as Executive Vice President of Marketing at SITIME Corp (NASDAQ:SITM), sold 1,249 shares of the company's common stock on March 25, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $375.0 per share, producing a total transaction value of $468,375.
The sale occurred after the stock had delivered a 96% return over the prior 12 months, though the shares had retraced to $327.20 at the time of reporting. Following the disposition, Sevalia Piyush B directly owns 87,916 shares. The ownership total includes an aggregate of 81,486 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 29,486 restricted stock units that vest over time, and 52,000 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuers common stock over various performance periods.
The Form 4 disclosure was signed by Samsheer Ahamad, Attorney-in-fact, on March 27, 2026, and records the transaction as part of the companys required insider reporting.
Recent corporate results and real estate move
In other corporate disclosures, SiTime Corporation reported robust financial results for the fourth quarter of 2025. The company recorded earnings per share of $1.53, topping analyst expectations of $1.21, and reported revenue of $113.3 million versus projected revenue of $101.91 million. Those results indicate the company exceeded consensus estimates for both profitability and top-line performance in the quarter.
Separately, SiTime has entered into a lease agreement for new headquarters space in Santa Clara, California. The lease covers approximately 149,300 square feet across two buildings and carries a 13-year term, with planned occupancy by April 1, 2027. SiTime retains the option to extend the lease for up to two additional five-year periods.
Key takeaways
- Insider transaction - EVP Sevalia Piyush B sold 1,249 shares on March 25, 2026, for $468,375.
- Company performance - SiTime reported Q4 2025 EPS of $1.53 and revenue of $113.3 million, both above analyst projections.
- Real estate expansion - SiTime signed a 13-year lease for roughly 149,300 square feet in Santa Clara, with occupancy expected by April 1, 2027 and options to extend.
Risks and uncertainties
- Insider selling - The EVPs sale reduces his liquid holdings but leaves a substantial position, including unvested restricted and performance-based units; this may affect investor perception in the short term. - Markets and investor sentiment.
- Concentration of unvested compensation - A sizable portion of the executives holdings is tied up in 81,486 unvested restricted and performance-based units, which depend on future vesting and performance criteria. - Compensation and corporate governance.
- Real estate commitment - The 13-year headquarters lease represents a long-term fixed obligation, with optional extensions that could extend the commitment by up to two additional five-year periods; occupancy is planned for April 1, 2027. - Corporate real estate and balance-sheet planning.
Disclosure