STOCK TITAN

Insider sells via 10b5-1; SITM (SITM) reports recent trades

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Rule 144 notice reporting proposed and recent sales of Common stock related to an executive's equity awards. The filing lists 716 Performance Stock Units and 531 Restricted Stock Units dated 02/20/2026, and recent 10b5-1 sales of common shares on 03/25/2026, 02/18/2026, and 02/17/2026 with the per-trade share counts and proceeds shown.

Positive

  • None.

Negative

  • None.
Performance Stock Units 716 units dated 02/20/2026
Restricted Stock Units 531 units dated 02/20/2026
10b5-1 sale (03/25/2026) 1,249 shares proceeds $468,375
10b5-1 sale (02/18/2026) 566 shares proceeds $240,550
10b5-1 sale (02/17/2026) 566 shares proceeds $233,803.28
10b5-1 Sales regulatory
"10b5-1 Sales for PIYUSH SEVALIA 5451 Patrick Henry Drive Santa Clara"
Performance Stock Units financial
"Performance Stock Units | Issuer | 716 | 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.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 531 | 02/20/2026"
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.

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 SITM Form 144 disclose about recent sales?

The filing lists three 10b5-1 sales by Piyush Sevalia on 03/25/2026, 02/18/2026, and 02/17/2026. The trades were for 1,249, 566, and 566 common shares respectively, with gross proceeds of $468,375; $240,550; and $233,803.28.

How many equity awards are listed for potential sale in the SITM Form 144?

The notice shows 716 Performance Stock Units and 531 Restricted Stock Units, both dated 02/20/2026. These award counts are the securities referenced for resale in the filing.

Were the recent trades executed under a pre-arranged plan?

Yes. The three disclosed dispositions are labeled as 10b5-1 Sales for Piyush Sevalia, indicating they were executed under a pre-arranged trading plan established under Rule 10b5-1.

Who is the broker or selling agent listed on the Form 144 for SITM?

The filing identifies Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza as the broker/agent associated with the securities to be sold, per the filer information section.

What cash amounts are shown for the individual 10b5-1 trades in the filing?

The filing reports proceeds of $468,375 for 1,249 shares on 03/25/2026, $240,550 for 566 shares on 02/18/2026, and $233,803.28 for 566 shares on 02/17/2026.