[144] SITIME Corp SEC Filing
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 (net exercise), broker (Stifel Nicolaus), and scheduled sale date, fulfilling key Rule 144 disclosure elements. The seller includes the required representation about material nonpublic information. No statements indicate reliance on a 10b5-1 trading plan or other instruction dates. From a governance perspective, the filing documents insider liquidity but contains no allegations, restrictions, or exceptions.