STOCK TITAN

Fariborz Assaderaghi sells shares; SITM (NASDAQ: SITM) Form 144 details

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

Rhea-AI Filing Summary

SITM filed a Form 144 reporting proposed and recent sales of Common Stock by an insider. The filing lists 1,000 shares designated for sale tied to restricted stock vesting under a registered plan on 05/20/2026. The filing also discloses three recent dispositions by Fariborz Assaderaghi totaling 4,209 shares on 05/22/2026, 05/29/2026, and 06/03/2026 with reported proceeds shown per trade.

Positive

  • None.

Negative

  • None.

Insights

Form 144 shows planned and recent insider dispositions tied to vesting and open-market sales.

The filing identifies 1,000 shares to be sold following restricted stock vesting under a registered plan on 05/20/2026, a common compensation-to-sale pathway. It separately lists three completed dispositions by Fariborz Assaderaghi with per-trade proceeds.

Timing and reported proceeds are provided in the filing; cash‑flow recipients and any trading method beyond the labeled dispositions are not detailed here. Subsequent SEC filings may show execution details or settlement confirmations.

Proposed sale 1,000 shares Restricted stock vesting under a registered plan on 05/20/2026
Disposition 1 1,709 shares Sold on 05/22/2026 for $1,250,109.23
Disposition 2 1,500 shares Sold on 05/29/2026 for $1,069,082.40
Disposition 3 1,000 shares Sold on 06/03/2026 for $702,900.00
Recent total sold 4,209 shares Aggregate of three dispositions in the excerpt (05/22–06/03/2026)
Form 144 regulatory
"Form 144 reporting proposed sale and recent dispositions"
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"
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.
proceeds financial
"Entries list proceeds like 702900.00 and 1250109.23 next to trades"
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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 SITM's Form 144 report about the planned sale?

The Form 144 reports 1,000 shares tied to restricted stock vesting under a registered plan dated 05/20/2026. It lists the securities as proposed for sale by the issuer under compensation-related vesting.

Who reported recent sales in the Form 144 for SITM?

The filing shows recent dispositions by Fariborz Assaderaghi on 05/22/2026, 05/29/2026, and 06/03/2026. Each line lists share counts and reported proceeds for those trades.

How many shares were sold in the recent transactions listed?

The three reported dispositions total 4,209 shares: 1,709, 1,500, and 1,000 on the respective dates shown in the filing, with proceeds reported per transaction.

Are the proceeds from the sales paid to the issuer?

The filing shows proceeds associated with each reported disposition but does not state who received the cash. The Form 144 lists these as insider sales; cash‑flow recipients are not specified in the excerpt.