Fariborz Assaderaghi sells 1,709 and 1,500 SITM shares (SITM)
Rhea-AI Filing Summary
SITM reported Form 144 transactions by a reporting person involving common stock sales. The filing records 05/22/2026 sale of 1,709 shares (proceeds $1,250,109.23) and 05/29/2026 sale of 1,500 shares (proceeds $1,069,082.40). The filing also notes 1,000 restricted shares vested on 05/20/2026 under a registered compensation plan.
Positive
- None.
Negative
- None.
Insights
Form 144 discloses reported sales and a recent restricted‑share vesting.
The filing lists two open‑market dispositions by the reporting person: 1,709 shares on 05/22/2026 and 1,500 shares on 05/29/2026, with proceeds shown.
These are routine insider sale disclosures under resale rules; timing and method of sale are recorded but the filing does not attach additional qualifiers about plans or approvals.
Vest of restricted stock under a registered compensation plan is documented separately from sales.
The filing shows 1,000 restricted shares vested on 05/20/2026 as compensation under a registered plan; this appears as the source of at least some shares available to the holder.
Compensation vesting and subsequent reported sales are standard reporting items; further detail on withholding or tax treatment is not provided in the excerpt.