SiTime Corp Officer Files Form 144 to Sell $933K in Common Stock
SITIME Corp
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Filing Summary
Proposed sale of 1,374 common shares of SiTime Corp ($SITM) by Officer Fariborz Assaderaghi for approximately $932,767.38 under a Rule 10b5-1 plan.
Comprehensive Analysis
Transaction Summary
Fariborz Assaderaghi, an Officer at SiTime Corporation (NASDAQ: SITM), filed Form 144 on October 2, 2026, indicating a proposed sale of 1,374 shares of common stock through Morgan Stanley Smith Barney LLC. The estimated market value of the proposed transaction is $932,767.38 (~$678.87 per share).
Origin & Plan Details
- Acquisition: The 1,374 shares were acquired on August 20, 2026, via Restricted Stock Unit (RSU) vesting from the issuer.
- Trading Plan: The sale is being executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 14, 2026.
- Past Sales: The filer reported no other open-market securities sales in the preceding three months.
Market Impact & Significance
The proposed disposition represents less than 0.01% of SiTime Corp's 30,071,036 shares outstanding. Due to the small relative size, routine nature of RSU-related dispositions, and reliance on a pre-established Rule 10b5-1 trading plan, this filing carries Low trading significance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
