Insider linked to SiTime (SITM) plans Rule 144 sale of 3,500 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
SiTime Corporation insider has filed a notice of proposed sale of restricted stock under Rule 144. The filing covers 3,500 shares of common stock, with an aggregate market value of $1,511,063.40, to be sold on NASDAQ through Morgan Stanley Smith Barney LLC around 02/06/2026.
The shares come from restricted stock awards acquired from the issuer on 05/20/2022 (1,948 shares) and 05/20/2025 (1,552 shares), both fully paid on their grant dates. The seller represents that they are not aware of any undisclosed material adverse information about SiTime’s current or prospective operations.
Positive
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Negative
- None.
FAQ
What does SiTime (SITM) report in this Form 144 filing?
The filing reports a planned sale of 3,500 SiTime common shares under Rule 144. These shares, valued at $1,511,063.40 in total, are to be sold on NASDAQ through Morgan Stanley Smith Barney LLC, indicating an upcoming secondary sale by an existing holder.
What representation does the seller make about SiTime (SITM) information in this Form 144?
The seller represents that they do not know any material adverse information about SiTime’s current or prospective operations that has not been publicly disclosed. This standard representation supports compliance with securities laws when planning resales under Rule 144’s safe harbor framework.