SITIME insider files Form 144 for 5,099-share sale on NASDAQ
Rhea-AI Filing Summary
SITIME Corp (SITM) Form 144 notice reports a proposed sale of 5,099 common shares by an insider through Stifel Nicolaus with an aggregate market value of $1,626,300. The shares were acquired as RSUs on 05/20/2025 and the reported sale is scheduled for 10/06/2025 on NASDAQ. The filing also lists three recent insider sales totaling $1,277,800 across dates in 08/06/2025, 09/15/2025, and 09/24/2025. The filer certifies there is no undisclosed material adverse information and notes the sale uses a net exercise/payment method.
Positive
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Negative
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Insights
TL;DR: An insider RSU sale of 5,099 shares (net-exercise) is scheduled for 10/06/2025
The transaction shows an insider disposing of 5,099 shares acquired as restricted stock units on 05/20/2025, executed via a broker (Stifel Nicolaus) with an aggregate market value of $1,626,300. The filing indicates net exercise payment, meaning shares were surrendered to cover taxes or exercise costs rather than a cash outlay at acquisition.
The insider previously sold 901, 2,500, and 1,500 shares on 09/24/2025, 09/15/2025, and 08/06/2025, respectively, for combined proceeds of $1,277,800. Given the company’s stated outstanding share count of 2,600,000, the aggregate recent insider activity remains a small fraction of total shares outstanding and is not inherently material to capitalization, though it is a clear signal of insider selling over the past months.