SiTime officer Rajesh Vashist plans $7.2M sale
SITIME Corp (SITM) received a notice under Rule 144 that officer Rajesh Vashist plans to sell 12,000 shares of SiTime common stock through Stifel Nicolaus.
Rhea-AI Filing Summary
SITIME Corp (SITM) received a notice under Rule 144 that officer Rajesh Vashist plans to sell 12,000 shares of SiTime common stock through Stifel Nicolaus. The shares relate to RSUs and are expected to be sold around September 9, 2026, with an aggregate market value of $7,242,000. The filing also reports that Vashist sold 15,000 shares of common stock on June 15, 2026, with an aggregate market value of $11,252,000.
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Key Figures
Shares to be sold: 12,000 shares
Aggregate market value of planned sale: $7,242,000
Shares outstanding: 30,070,000 shares
+3 more
6 metrics
Shares to be sold
12,000 shares
Common stock planned sale under Rule 144
Aggregate market value of planned sale
$7,242,000
Planned Rule 144 sale of 12,000 shares
Shares outstanding
30,070,000 shares
Common shares outstanding as indicated in the Form 144 table
Shares sold in past 3 months
15,000 shares
Sale by Rajesh Vashist on June 15, 2026
Aggregate value of past 3‑month sale
$11,252,000
June 15, 2026 sale of 15,000 shares
Planned sale date
September 9, 2026
Approximate date of Rule 144 sale
Key Terms
Rule 144, RSUs, net exercise, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSUs financial
"Common | 08/20/2026 | RSUs | SiTime Corp"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
net exercise financial
"SiTime Corp | | | 12000 | 08/20/2026 | net exercise"
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
attorney-in-fact regulatory
"as a duly authorized representative of STIFEL, as attorney-in-fact for Rajesh Vashist"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What type of SiTime Corp (SITM) securities are covered by this Form 144?
The Form 144 covers common stock of SiTime Corp. The securities to be sold are associated with RSUs and are expected to be disposed of via a net exercise transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.