[144] SiTime Corporation SEC Filing
Rhea-AI Filing Summary
SiTime Corporation (SITM) filing a Form 144 notifies the proposed sale of 2,000 common shares through Morgan Stanley Smith Barney LLC on 08/29/2025 with an aggregate market value of $485,940. The shares were acquired as Restricted Stock Units on 02/20/2025 and paid on that date. The filing also reports three recent 10b5-1 sales by the same seller in May–June 2025 totaling 3,361 shares for gross proceeds of $682,997.39. The notice contains standard representations about absence of undisclosed material information and includes broker and holding totals of 26,003,972 outstanding shares.
Positive
- Clear disclosure of the proposed sale: broker, class, quantity, aggregate market value, and sale date are all provided
- Recent 10b5-1 sales by the same seller are reported with dates and gross proceeds, enhancing transparency
Negative
- None.
Insights
TL;DR: Routine insider sale notice showing small planned disposition of RSUs and recent 10b5-1 activity, not materially dilutive.
The Form 144 documents a proposed sale of 2,000 common shares acquired as Restricted Stock Units on 02/20/2025. The broker and planned sale date (08/29/2025) are specified along with aggregate market value of $485,940 and total outstanding shares of 26,003,972. The filing also discloses three prior 10b5-1 sales in May–June 2025 totaling 3,361 shares and gross proceeds of $682,997.39. From a trading-impact perspective, the quantities disclosed are explicit and routine; no financial performance or forward-looking items are included.
TL;DR: Filing appears compliant with Rule 144 disclosure requirements and reports recent 10b5-1 plan sales.
The notice includes required elements: identification of broker, class of securities, acquisition date and nature (Restricted Stock Units), payment date, and a representation about knowledge of material nonpublic information. It also lists recent 10b5-1 transactions by the seller with dates and proceeds. The document does not state a plan adoption date for any 10b5-1 arrangement within the remarks section, so that specific detail is absent from the filing.