[144] SITIME Corp SEC Filing
Rhea-AI Filing Summary
SITME Corp (SITM) Form 144 notice: The filer proposes to sell 2,500 shares of common stock through Stifel Nicolaus with an aggregate market value of $678,400, approximately on 09/15/2025 on NASDAQ. The shares were acquired as RSUs from SiTime Corp on 05/20/2025 with a net exercise payment on that date. The filing also discloses a prior sale of 1,500 shares on 08/06/2025 that generated $312,000 in gross proceeds. The signer certifies no undisclosed material adverse information and includes the standard Rule 10b5-1/representation language.
Positive
- Regulatory compliance: The filer provided required Rule 144 details including broker, aggregate market value, and acquisition method.
- Transparency on acquisition: The filing specifies the shares were acquired as RSUs on 05/20/2025 with net exercise payment.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for recently vested RSUs; no earnings or new corporate events disclosed.
This Form 144 documents a proposed sale of 2,500 common shares via a broker, following acquisition as RSUs on 05/20/2025. The filing is procedural: it notifies the market of an intended sale and confirms the filer attests to having no undisclosed material adverse information. There are no financial results, debt or liquidity disclosures in this filing that would materially affect valuation.
TL;DR: Standard compliance disclosure showing insider liquidity action; appears consistent with reporting obligations.
The document provides required disclosure under Rule 144, identifying the broker and the nature of acquisition (RSUs) and noting a recent related sale. It includes the attestation language regarding material information and references Rule 10b5-1 considerations. From a governance perspective, the filing demonstrates regulatory compliance but does not provide context on insider intent or broader governance changes.