[144] SiTime Corporation SEC Filing
Rhea-AI Filing Summary
SiTime Corporation (SITM) insider plans sale of 1,990 common shares. The Form 144 notice shows 1,990 shares of Common stock are to be sold through Morgan Stanley Smith Barney LLC on or about 08/22/2025 with an aggregate market value of $445,541.10. The filing reports 26,003,972 shares outstanding for the issuer.
The shares were originally acquired as Restricted Stock Units on 08/20/2024 from the issuer; the acquisition and payment date is listed as 08/20/2024. The filing states there were no sales by the reporting person in the past three months and includes the required representation about absence of undisclosed material adverse information.
Positive
- Transparent disclosure: Filing provides required Rule 144 details including broker, planned sale date, and aggregate value
- Acquisition clearly documented: Shares were acquired as Restricted Stock Units on 08/20/2024, showing compensation origin
Negative
- Insider sale planned: 1,990 shares (aggregate market value $445,541.10) are to be sold, which may be monitored by investors
Insights
TL;DR: Insider intends to sell 1,990 RSU-derived shares via a broker, disclosed under Rule 144.
This Form 144 notifies the market that a person who acquired 1,990 shares as Restricted Stock Units on 08/20/2024 plans to sell those shares through Morgan Stanley Smith Barney LLC around 08/22/2025. The filing provides standard Rule 144 detail: class, acquisition date and nature (RSUs), broker name, planned sale date, aggregate market value ($445,541.10) and issuer share count (26,003,972). There are no reported sales by the person in the prior three months. This is a compliance disclosure rather than an operational development; its primary significance is transparency about an insider-originated sale rather than a change to company fundamentals.
TL;DR: Routine insider disposition filing; useful for market transparency but not inherently material to company operations.
The filing documents a planned sale under Rule 144 of 1,990 common shares acquired as RSUs from the issuer on 08/20/2024. The broker listed is Morgan Stanley Smith Barney LLC and the planned sale date is 08/22/2025. The republished statement that the signer does not possess undisclosed material information is included. From a governance perspective, this is a standard disclosure of officer/insider liquidity activity and should be tracked alongside other insider transactions but does not itself indicate corporate governance changes or regulatory issues.