CEO Rajesh Vashist sold 20,000 shares for $15,003,000.00 on 2026-06-15 under 10b5-1 plan
Rajesh Vashist, CEO of SITM, executed 2 separate sales totaling 20,000 shares for $15,003,000.00 at blended average price $750.15 on 2026-06-15. This transaction reduces his holdings by 67.2% to 9,781 shares and is part of a pre-arranged 10b5-1 trading plan, meaning it is scheduled rather than discretionary. SITM reported negative net income of $-5,217,000.00 in its latest quarter despite strong annual revenue growth of 61.2%, indicating growth is not yet translating to profitability. The stock stands at $742.46, down 4.1% over the prior 30 days and 17.7% below its 52-week high of $901.81, though up 114.6% over 90 days. Vashist's cross-ticker track record shows 17 prior sells with average 90-day returns of +14.8%, but his prior same-ticker sales at SITM have produced mixed outcomes: the most recent measurable sale (2026-01-02) resulted in a 90-day return of -6.0%. Because this transaction is scheduled under a 10b5-1 plan, it does not reflect discretionary timing choices.