STOCK TITAN

Insider 10b5-1 sales reported for SITM (NASDAQ: SITM) — P. Sevalia

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Piyush Sevalia reported multiple sales of Common Stock via prearranged 10b5-1 trading plans. The filing lists four 10b5-1 sales: 1,247 shares for $529,975 on 04/10/2026; 1,249 shares for $468,375 on 03/25/2026; 566 shares for $240,550 on 02/18/2026; and 566 shares for $233,803.28 on 02/17/2026. The record also lists 1,464 Restricted Stock Units dated 11/20/2025 and 955 Performance Stock Units dated 02/20/2026.

Positive

  • None.

Negative

  • None.
Sale on 04/10/2026 1,247 shares, $529,975 10b5-1 sale reported on 04/10/2026
Sale on 03/25/2026 1,249 shares, $468,375 10b5-1 sale reported on 03/25/2026
Sale on 02/18/2026 566 shares, $240,550 10b5-1 sale reported on 02/18/2026
Sale on 02/17/2026 566 shares, $233,803.28 10b5-1 sale reported on 02/17/2026
Restricted Stock Units listed 1,464 RSUs Restricted Stock Units dated 11/20/2025
Performance Stock Units listed 955 PSUs Performance Stock Units dated 02/20/2026
10b5-1 regulatory
"10b5-1 Sales for PIYUSH SEVALIA 5451 Patrick Henry Drive"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 1464 | 11/20/2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Performance Stock Units | Issuer | 955 | 02/20/2026"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What sales did Piyush Sevalia report on Form 144 for SITM?

He reported four 10b5-1 sales totaling individual transactions on listed dates. The filing shows 1,247 shares for $529,975 on 04/10/2026; 1,249 shares for $468,375 on 03/25/2026; 566 shares for $240,550 on 02/18/2026; 566 shares for $233,803.28 on 02/17/2026.

Were the insider sales made under a 10b5-1 plan for SITM?

Yes — the transactions are labeled 10b5-1 sales. Each sale in the filing is identified as a 10b5-1 sale, indicating they were effected under prearranged trading plans rather than ad hoc open-market executions.

Does the Form 144 list other securities tied to Piyush Sevalia at SITM?

Yes — the filing lists RSUs and PSUs with issuance dates. It shows 1,464 Restricted Stock Units dated 11/20/2025 and 955 Performance Stock Units dated 02/20/2026 as listed securities in the filing.

What cash amounts were reported for each SITM sale in the filing?

The filing lists transaction proceeds per sale. Reported amounts are $529,975 (04/10/2026), $468,375 (03/25/2026), $240,550 (02/18/2026), and $233,803.28 (02/17/2026), as shown in the excerpt.

Does this Form 144 indicate who received the sale proceeds for SITM transactions?

The excerpt identifies the seller and sale method but not proceeds recipient details. The filing lists Piyush Sevalia and marks transactions as 10b5-1 sales; it does not state beneficiary or company receipt of proceeds in the provided text.