STOCK TITAN

Fariborz Assaderaghi sells 1,709 and 1,500 SITM shares (SITM)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Shares sold 1,709 shares Sale on <date>05/22/2026</date>
Proceeds $1,250,109.23 Proceeds reported for 1,709‑share sale on <date>05/22/2026</date>
Shares sold 1,500 shares Sale on <date>05/29/2026</date>
Proceeds $1,069,082.40 Proceeds reported for 1,500‑share sale on <date>05/29/2026</date>
Restricted shares vested 1,000 shares Vesting under a registered compensation plan on <date>05/20/2026</date>
Form 144 regulatory
"Filing header and transaction table referencing sales disclosure"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock vesting compensation
"Restricted stock vesting under a registered plan on 05/20/2026"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
registered plan regulatory
"Compensation source listed as 'registered plan' for 1,000 shares"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What Form 144 disclosure did SITM file?

The filing reports insider sales of common stock and a recent restricted‑share vesting. It lists sales of 1,709 shares on 05/22/2026 and 1,500 shares on 05/29/2026, and 1,000 restricted shares vested on 05/20/2026.

Who executed the stock sales reported in the SITM Form 144?

The reporting person named is Fariborz Assaderaghi, who is shown as selling shares. The document lists his sales of 1,709 shares and 1,500 shares on the dates shown.

Did the Form 144 show proceeds from the sales for SITM?

Yes, the filing includes proceeds amounts next to each sale. The 1,709‑share sale shows $1,250,109.23 and the 1,500‑share sale shows $1,069,082.40.

Were the sold shares from vested compensation for SITM?

The filing records 1,000 restricted shares that vested on 05/20/2026 under a registered compensation plan. It does not explicitly link which sold shares originated from that vesting.