STOCK TITAN

Fariborz Assaderaghi sells 1,709 shares (NASDAQ: SITM)

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

Rhea-AI Filing Summary

Fariborz Assaderaghi reported transactions in common stock. The filing shows 1,709 shares reported sold on 05/22/2026 for $1,250,109.23. The excerpt also lists 1,500 restricted shares vesting under a registered compensation plan on 05/20/2026.

Positive

  • None.

Negative

  • None.

Insights

Insider reported a small, routine disposition tied to vested compensation.

The filing lists a sale of 1,709 shares on 05/22/2026 with proceeds of $1,250,109.23. It also notes 1,500 restricted shares vested under a registered plan on 05/20/2026.

These entries read as compensation-related activity and routine disclosures; cash-flow treatment and any selling method are not specified in the excerpt. Subsequent filings or broker confirmations would show execution details.

Shares sold 1,709 shares Sale reported on <date>05/22/2026</date>
Proceeds reported $1,250,109.23 Proceeds for the 1,709-share sale on <date>05/22/2026</date>
Restricted shares vested 1,500 shares Vesting under a registered compensation plan on <date>05/20/2026</date>
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
registered plan regulatory
"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.

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 did Fariborz Assaderaghi report in the Form 144 for SITM?

The Form 144 reports a sale of 1,709 shares on 05/22/2026 producing $1,250,109.23. It also shows 1,500 restricted shares vesting under a registered compensation plan on 05/20/2026.

How many restricted shares vested under the registered plan (SITM)?

The excerpt lists 1,500 restricted shares as vesting under a registered compensation plan on 05/20/2026. The filing ties the vesting to issuer compensation; additional terms are not included in the excerpt.

What proceeds were reported from the insider sale for SITM?

The sale reported in the excerpt shows proceeds of $1,250,109.23 for 1,709 shares sold on 05/22/2026. The excerpt does not specify net proceeds after fees or taxes.

Who is the broker or intermediary listed on the Form 144?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker/intermediary. The excerpt does not detail the exact transaction method used for the sale.

Does the Form 144 indicate these transactions were part of compensation or open-market sales?

The excerpt ties 1,500 shares to restricted stock vesting under a registered compensation plan on 05/20/2026. The sale of 1,709 shares is reported separately; the method of sale is not specified in the provided text.