The CEO's $21M sale is the largest single insider transaction in the cluster, but at 0.11% of market cap it falls below the 0.5% threshold for significant materiality. The selling is not clustered tightly enough to suggest a coordinated bearish view — the CEO's sale may be part of a 10b5-1 plan or diversification. Monitor for any subsequent 8-K filings or earnings pre-announcements that could explain the timing. The stock's 94% analyst bullish consensus and strong recent performance suggest the selling is likely liquidity-driven rather than informational.
Price Chart
Executive Summary
A cluster of insider selling at SiTime Corp (SITM) over the past week, led by CEO Rajesh Vashist unloading $21M worth of stock at ~$701/share, alongside director and officer sales totaling ~$1.6M. The CEO's sale alone represents ~0.11% of market cap, a modest but notable signal given his position. Non-cash director grants on June 1 are routine and carry no economic signal. The selling cluster is amplified by the cross-filing context of recent insider trades and the company's strong recent stock performance, but the dollar amounts are not large enough relative to the $18.7B market cap to warrant a bearish call.
Key Financial Metrics
Key Facts
- CEO Rajesh Vashist sold 30,000 shares on June 3, 2026, at $701.13, totaling ~$21M.
- Director Christine Heckart sold 1,290 shares on June 2 at $700, totaling ~$903K.
- Officer Fariborz Assaderaghi sold 1,000 shares on June 3 at $702.90, totaling ~$703K.
- Seven directors received non-cash grants of 390 shares each on June 1, totaling $0 economic value.
- Total open-market sales in the cluster: ~$22.8M, or ~0.12% of SITM's $18.7B market cap.
- Prior 30-day insider activity showed 4 sells totaling $22.8M, consistent with the current pattern.
Financial Impact
CEO sale of $21M represents ~0.11% of market cap; total cluster sales ~0.12% of market cap.
Risk Factors
- CEO selling near all-time highs could signal peak valuation concerns if followed by more insider sales.
- If the selling accelerates or includes additional C-suite members, the signal would strengthen.
- No insider buying to offset the selling creates a one-sided picture.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SITM-1780707317336 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 4w ago | Insider Cluster | $550.39 $548.90 | ▼ −0.27% | ▲ +0.17% | $487.00 (−11.52%) |
Sep 9, 2026 5w ago | 144 | $589.87 $602.27 | ▼ −2.10% | ▼ −2.70% | $487.00 (+17.44%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 18, 2026 8w ago | Insider Cluster | $680.06 $618.71 | ▲ +9.02% | ▲ +9.23% | $487.00 (+28.39%) |
Aug 12, 2026 9w ago | Insider Cluster | $680.52 $687.93 | ▲ +1.09% | ▲ +0.39% | $487.00 (−28.44%) |
Jul 1, 2026 15w ago | 8-K | $703.84 $601.66 | ▼ −14.52% | ▼ −14.39% | $487.00 (−30.81%) |
Jun 15, 2026 17w ago | Insider Cluster | $684.86 $677.21 | ▼ −1.12% | ▲ +0.13% | $487.00 (−28.89%) |
Jun 15, 2026 17w ago | 144 | $742.46 $684.86 | ▲ +7.76% | ▲ +7.16% | $487.00 (+34.41%) |
US Market Status
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