{"filing":{"accession_number":"0001193125-26-291561","cik":"0001451809","ticker":"SITM","company_name":"SITIME Corp","form":"8-K","filing_date":"2026-07-01","report_date":null,"primary_document":"d71116d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1451809/000119312526291561/d71116d8k.htm"},"events":[{"id":15298,"run_id":13652,"accession_number":"0001193125-26-291561","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.97,"summary":"SiTime completed the acquisition of Renesas' timing business on June 30, 2026, a material transaction announced in February 2026. The acquisition is expected to generate at least $300 million in revenue within 12 months, expand the product portfolio by 10x, and accelerate the company's path to $1 billion in revenue. The transaction includes a $200 million credit facility, registration rights for Renesas' equity stake, and transition services agreements.","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01","form":"8-K","submitted_at":null,"items":[{"id":13007,"accession_number":"0001193125-26-291561","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"SiTime completed the acquisition of Renesas' timing business on June 30, 2026, as disclosed in Item 1.01. The press release confirms this is a material acquisition expected to generate at least $300 million in revenue within 12 months and accelerate the company's path to $1 billion in revenue. The transaction includes a $200 million credit facility to support the acquisition, registration rights for Renesas' equity stake, and transition services agreements—all hallmarks of a significant M\u0026A transaction that would materially affect investor assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"","ticker":null,"filing_date":""},{"id":13008,"accession_number":"0001193125-26-291561","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"SiTime completed the acquisition of Renesas' timing business, a material acquisition announced in February 2026. The press release emphasizes this as a \"monumental milestone\" that will accelerate the company's path to $1 billion in revenue, expand its product portfolio by 10x, and generate at least $300 million in revenue in the 12 months following the acquisition. This is a classic Item 2.01 completion of acquisition disclosure with substantial strategic and financial significance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"","ticker":null,"filing_date":""},{"id":13009,"accession_number":"0001193125-26-291561","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 incorporates by reference Item 1.01 regarding a Revolving Credit Facility, but the substantive disclosure in the press release (EX-99.1) announces the completion of SiTime's acquisition of Renesas' timing business—a material acquisition that accelerates the company's path to $1 billion in revenue, expands its product portfolio by 10x, and is expected to generate at least $300 million in revenue in the 12 months following close. This is a completion of a material acquisition, the core M\u0026A event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"","ticker":null,"filing_date":""},{"id":13010,"accession_number":"0001193125-26-291561","item_number":"3.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 incorporates by reference Item 1.01 regarding a private placement, but the substantive disclosure in the press release (EX-99.1) centers on the completion of SiTime's acquisition of Renesas' timing business—a material acquisition announced in February 2026 and now completed. The press release emphasizes this as a \"monumental milestone\" that accelerates the path to $1B revenue, expands the product portfolio by 10x, and is expected to generate at least $300M in revenue in the following 12 months. This is a material M\u0026A transaction, not merely an equity issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"","ticker":null,"filing_date":""},{"id":13012,"accession_number":"0001193125-26-291561","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses completion of a material acquisition of Renesas' timing business, announced in February 2026 and closed on July 1, 2026. The press release emphasizes this as a \"monumental milestone\" that will \"transform SiTime,\" accelerate the path to $1B revenue, expand the product portfolio by 10x, and generate at least $300 million in revenue in the 12 months following acquisition. This is a classic material acquisition event requiring 8-K disclosure under Item 1.01 or 2.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":15299,"run_id":13652,"accession_number":"0001193125-26-291561","anchor_item_number":"5.02","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"SiTime adopted a deferred compensation plan effective July 1, 2026, allowing directors and named executive officers to defer base pay, bonus, and equity-based compensation, with the Company retaining the ability to make discretionary contributions.","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01","form":"8-K","submitted_at":null,"items":[{"id":13011,"accession_number":"0001193125-26-291561","item_number":"5.02","item_title":null,"event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"Item 5.02 discloses adoption of a deferred compensation plan effective July 1, 2026, which provides directors and named executive officers with the opportunity to defer base pay, bonus, and equity-based compensation, and allows the Company to make discretionary contributions. This is a compensatory arrangement for officers and directors, fitting the exec_compensation category. While the supplemental exhibit discusses the Renesas acquisition completion, the Item 5.02 section itself focuses on the compensation plan adoption.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":13007,"accession_number":"0001193125-26-291561","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"SiTime completed the acquisition of Renesas' timing business on June 30, 2026, as disclosed in Item 1.01. The press release confirms this is a material acquisition expected to generate at least $300 million in revenue within 12 months and accelerate the company's path to $1 billion in revenue. The transaction includes a $200 million credit facility to support the acquisition, registration rights for Renesas' equity stake, and transition services agreements—all hallmarks of a significant M\u0026A transaction that would materially affect investor assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01"},{"id":13008,"accession_number":"0001193125-26-291561","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"SiTime completed the acquisition of Renesas' timing business, a material acquisition announced in February 2026. The press release emphasizes this as a \"monumental milestone\" that will accelerate the company's path to $1 billion in revenue, expand its product portfolio by 10x, and generate at least $300 million in revenue in the 12 months following the acquisition. This is a classic Item 2.01 completion of acquisition disclosure with substantial strategic and financial significance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01"},{"id":13009,"accession_number":"0001193125-26-291561","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 incorporates by reference Item 1.01 regarding a Revolving Credit Facility, but the substantive disclosure in the press release (EX-99.1) announces the completion of SiTime's acquisition of Renesas' timing business—a material acquisition that accelerates the company's path to $1 billion in revenue, expands its product portfolio by 10x, and is expected to generate at least $300 million in revenue in the 12 months following close. This is a completion of a material acquisition, the core M\u0026A event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01"},{"id":13010,"accession_number":"0001193125-26-291561","item_number":"3.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 incorporates by reference Item 1.01 regarding a private placement, but the substantive disclosure in the press release (EX-99.1) centers on the completion of SiTime's acquisition of Renesas' timing business—a material acquisition announced in February 2026 and now completed. The press release emphasizes this as a \"monumental milestone\" that accelerates the path to $1B revenue, expands the product portfolio by 10x, and is expected to generate at least $300M in revenue in the following 12 months. This is a material M\u0026A transaction, not merely an equity issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01"},{"id":13011,"accession_number":"0001193125-26-291561","item_number":"5.02","item_title":null,"event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"Item 5.02 discloses adoption of a deferred compensation plan effective July 1, 2026, which provides directors and named executive officers with the opportunity to defer base pay, bonus, and equity-based compensation, and allows the Company to make discretionary contributions. This is a compensatory arrangement for officers and directors, fitting the exec_compensation category. While the supplemental exhibit discusses the Renesas acquisition completion, the Item 5.02 section itself focuses on the compensation plan adoption.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01"},{"id":13012,"accession_number":"0001193125-26-291561","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses completion of a material acquisition of Renesas' timing business, announced in February 2026 and closed on July 1, 2026. The press release emphasizes this as a \"monumental milestone\" that will \"transform SiTime,\" accelerate the path to $1B revenue, expand the product portfolio by 10x, and generate at least $300 million in revenue in the 12 months following acquisition. This is a classic material acquisition event requiring 8-K disclosure under Item 1.01 or 2.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T12:02:02.806299+00:00","company_name":"SITIME Corp","ticker":"SITM","filing_date":"2026-07-01"}]}
