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Form 8-K · Current Report · Filed 2025-05-30

SiTime Corporation Elects New Directors and Approves Proposals at Annual Meeting

At the Annual Meeting of Stockholders held on May 30, 2025, SiTime Corporation's stockholders elected three new Class II directors, approved the compensation of the named executive officers on an advisory basis, and ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

Filer
SiTime Corporation SITM · NASDAQ
Filed
Accession
0001451809-25-000100
CIK
0001451809
Signal
High impactTechnology

Details

The director election results were as follows: Raman K. Chitkara with 20,666,588 votes in favor, Katherine E. Schuelke with 15,259,805 votes in favor, and Rajesh Vashist with 20,699,047 votes in favor. The advisory vote on executive compensation received 18,678,905 votes in favor, 2,562,438 votes against, and 12,342 abstentions. The ratification of Deloitte & Touche LLP received 22,840,023 votes in favor, 3,562 votes against, and 10,254 abstentions.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Say-on-Pay Approved Approved Merger

Market reaction

Close before filing

$197.08

Next session

+1.5%

Since filing

+171.6%

Latest close

$535.20

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SITM reporting the same item, with the next session's move:

About SiTime Corporation

SiTime Corporation, a technology enterprise, is renowned for its pioneering work in the design and manufacture of silicon-based timing devices. These devices are crucial in electronic systems, where they function by providing stable and precise clock signals necessary for synchronous operation. Through its innovative MEMS (Micro-Electro-Mechanical Systems) technology, SiTime delivers timing solutions that offer significant advantages over traditional quartz-based products, including higher reliability, smaller size, and greater robustness against environmental challenges such as temperature and shock. The company's products are integral to a broad spectrum of applications across various sectors, including consumer electronics, automotive, industrial equipment, and communications. SiTime's solutions enable the seamless performance of devices from smartphones to advanced automotive systems. This positioning underscores its significant role in enhancing the functionality and reliability of modern electronic systems. By spearheading the transition from quartz to silicon-based timing technologies, SiTime is pivotal in driving advancements in timing reliability and performance within the global electronics industry.

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