secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001451809-26-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

SiTime signs 156-month lease for new Santa Clara HQ; base rent starts at $3.76M annual
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- Lease for 149,300 sq ft at 3250 & 3260 Jay Street, Santa Clara; occupancy expected by April 1, 2027.
- Base rent: Year 1 ~$3.76M annual (with six-month abatement); Year 2 ~$5.73M annual; ~3% escalations after 25th month.
- Landlord provides $16.05M buildout allowance and $1.3M power upgrade allowance.
- Two renewal options of 60 months each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000145180926000022/0001451809-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000145180926000022/sitm-20260323.htm
  HTML page:      https://secwatch.observer/filing/0001451809-26-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer