[144] SiTime Corporation SEC Filing
Rhea-AI Filing Summary
SiTime Corporation (SITM) Form 144 notice: A proposed sale of 6,000 common shares is reported to be executed through Stifel on 09/10/2025 with an aggregate market value of $1,499,700.00. The filing shows 26,000,000 shares outstanding, indicating the proposed sale represents a small fraction of total equity. The shares were acquired on 08/28/2025 as RSUs from SiTime Corp and the payment method is listed as Net Exercise. The filer also recorded a sale of 2,000 shares on 09/03/2025 for gross proceeds of $453,000.00. The filer attests they possess no undisclosed material adverse information.
Positive
- Full disclosure of transaction details including broker, acquisition date, payment method, and aggregate value
- Filer attestation that there is no undisclosed material adverse information about the issuer
- Transaction size is small relative to 26,000,000 shares outstanding (approximately 0.023%)
Negative
- None.
Insights
TL;DR: Insider plans a small post-vesting sale of RSUs, limited market impact given size relative to outstanding shares.
The notice shows a post-vesting disposition of 6,000 common shares via a broker with an indicated aggregate value of $1.50 million. Given 26 million shares outstanding, this sale equals roughly 0.023% of outstanding shares, suggesting minimal dilution or market impact. The shares were acquired as RSUs on 08/28/2025 and settled via net exercise, a routine mechanism that reduces share count issued on vesting. Prior short-term sale of 2,000 shares for $453,000 indicates the filer has recently monetized equity. No earnings or company-specific operational data are provided to change fundamental views.
TL;DR: Filing is a standard Rule 144 notice tied to RSU vesting and net exercise; disclosure meets procedural requirements.
This Form 144 documents a proposed securities sale consistent with Rule 144 reporting after acquisition via RSUs. The filer attests no undisclosed material adverse information and provides broker, acquisition, and payment details. The use of net exercise is common for managing tax and cash needs upon RSU vesting. There is no indication of unusual timing, related-party transfers, or exception requests. Material governance or compliance concerns are not apparent from the filing alone.