SiTime (SITM) Form 144: Insider RSU Sale and Recent Insider Transactions
Rhea-AI Filing Summary
Form 144 notice for SiTime Corp (SITM): The filer notifies a proposed sale of 901 common shares through Stifel Nicolaus on 09/24/2025 with an aggregate market value of $287,400. The shares were acquired on 05/20/2025 as RSUs from SiTime Corp and paid via net exercise on the same date. The filing also discloses recent sales by the same person, Elizabeth Howe: 1,000 shares on 09/18/2025 for $298,000, 2,500 shares on 09/15/2025 for $678,400, and 1,500 shares on 08/06/2025 for $312,000. The form includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
- Planned sale fully disclosed with broker, date, quantity, and aggregate market value
- Acquisition details provided: shares were RSUs from SiTime Corp with payment noted as net exercise
Negative
- Multiple recent insider sales totaling 5,000 shares in the past three months with gross proceeds of $1,288,400
- No indication of 10b5-1 plan or plan adoption date provided in the filing
Insights
TL;DR Disclosure shows a planned small sale of recently vested RSUs and several recent sales by the same individual.
The filing reports a proposed sale of 901 common shares valued at $287,400, acquired as RSUs on 05/20/2025 and to be sold via Stifel Nicolaus on 09/24/2025. The seller, identified in past sales as Elizabeth Howe, sold 5,000 shares across three transactions in the past two months, generating gross proceeds totaling $1,288,400. For investors, these disclosures are routine insider liquidity events and provide transparency into insider selling activity; they do not on their own disclose company operational performance or material corporate developments.
TL;DR Filing appears procedurally complete for a Rule 144 sale of RSU-derived shares with standard seller attestations.
The form identifies the acquisition method (RSUs), payment method