[144] SiTime Corporation SEC Filing
Rhea-AI Filing Summary
Form 144 filing for SiTime Corporation (SITM) notifies a proposed sale of 2,000 common shares through broker Stifel Nicolaus on or about 09/03/2025 with an aggregate market value of $453,000. The shares were acquired on 08/28/2025 as RSUs from SiTime Corp and the payment/settlement method is listed as a net exercise. The filing reports 26,000,000 shares outstanding for the issuer. No securities sold in the past three months are reported and other standard declarations and signature attestations required by Rule 144 are included.
Positive
- Clear disclosure of acquisition date (08/28/2025), disposition method (net exercise), and broker (Stifel Nicolaus)
- No sales reported in the prior three months, suggesting this is an isolated, routine transaction
Negative
- None.
Insights
TL;DR: Routine insider sale notice of a small RSU block shortly after vesting, filed under Rule 144.
This Form 144 documents a proposed sale of 2,000 common shares valued at $453,000, representing roughly 0.0077% of the reported 26,000,000 shares outstanding. The shares were acquired as RSUs on 08/28/2025 and are to be sold via Stifel Nicolaus around 09/03/2025 using a net exercise settlement. The timing—receipt on 08/28/2025 and near-term sale—appears consistent with an insider liquidating a recently vested award rather than a broader distribution event. No prior sales in the past three months are reported.
TL;DR: Disclosure meets Rule 144 requirements; information is limited and indicates routine post-vesting disposition.
The filer discloses relationship to the issuer only as required and affirms no undisclosed material information. The filing states the acquisition was via RSUs and the payment method as net exercise, which clarifies consideration. The form contains standard attestations and a signature block. There is no indication of a trading plan date or 10b5-1 reliance in the provided fields.