STOCK TITAN

SITM (NASDAQ) Form 144: 500 shares offered; prior 1,000-share sale noted

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 notice relating to proposed sales of 500 shares of Common Stock tied to restricted stock vesting under a registered plan. The filing lists a prior sale of 1,000 shares on 06/11/2026 for $700,000.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice for affiliated resale of vested restricted shares.

The filing records a proposed sale of 500 shares described as "Restricted Stock Vesting Under a Registered Plan" with an issuer-recipient relationship noted. This is a standard Section 144 resale notice required when affiliates sell restricted or control securities.

Cash-flow treatment and ultimate sale timing are not specified in the excerpt; prior activity shown includes a sale of 1,000 shares on 06/11/2026 for $700,000. Subsequent filings would show execution details if and when sales occur.

Proposed resale 500 shares Restricted Stock Vesting Under a Registered Plan dated 05/20/2026
Recent sale 1,000 shares Securities sold on 06/11/2026
Sale proceeds reported $700,000 Proceeds from 1,000-share sale on 06/11/2026
Form date/reference 06/15/2026 Date field present in filer information block
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.
Restricted Stock Vesting financial
"Restricted Stock Vesting Under a Registered Plan | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Registered Plan regulatory
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
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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 does the Form 144 for SITM report?

The Form 144 reports a proposed resale of 500 shares of Common Stock tied to restricted stock vesting under a registered plan. It also lists a prior sale of 1,000 shares on 06/11/2026 for $700,000.

Who is the filer named on the Form 144 for SITM?

The filer is listed as Morgan Stanley Smith Barney LLC at New York Plaza, acting as the broker-dealer/agent for the proposed resale of the reported securities as disclosed in the excerpt.

Does the filing show proceeds received by the issuer from the sale?

The excerpt shows a sale amount of $700,000 tied to a prior sale of 1,000 shares, but it does not state whether the issuer received proceeds from the transactions in the provided text.

When were the securities to be sold and what triggered the sale?

The proposed sale of 500 shares is dated 05/20/2026 and is described as resulting from "Restricted Stock Vesting Under a Registered Plan," indicating vesting triggered the resale notice.