SiTime Corp Officer Files Form 144 Intention to Sell $7.24M in Common Stock
SITIME Corp
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Filing Summary
Form 144 Notice of Proposed Sale: SITIME Corp ($SITM) • Insider: Rajesh Vashist (Officer) • Proposed Sale: 12,000 Common shares (~$7.24M market value) • Approx. Date of Sale: 09/09/2026 • Broker: Stifel Nicolaus • Source of Shares: RSU vesting on 08/20/2026
Comprehensive Analysis
Executive Summary
On September 9, 2026, Rajesh Vashist, an officer of SITIME Corp ($SITM), filed a Form 144 indicating the proposed sale of 12,000 shares of common stock through Stifel Nicolaus, with an estimated aggregate market value of $7,242,000 (~$603.50 per share).
Key Transaction Points
- Securities Offered: 12,000 shares of Common Stock.
- Origin of Shares: Acquired on August 20, 2026, through an RSU settlement via net exercise.
- Past 3 Months Activity: The filer previously sold 15,000 shares on June 15, 2026, generating gross proceeds of $11,252,000.
- Dilution / Float Context: The 12,000 shares represent approximately 0.04% of the 30,070,000 total shares outstanding.
Market & Trading Significance
This filing represents a standard monetization of equity compensation following RSU vesting. While the transaction size is substantial in dollar terms ($7.24M), it represents a very small portion of total shares outstanding and follows consistent historical selling patterns.
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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.
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