Form 4: MACOM Director Charles R. Bland Sells Shares Under 10b5-1 Plan

Director Charles R. Bland executed sales of MACOM Technology Solutions Holdings, Inc. (MTSI) common stock on August 19, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Charles R. Bland, a director of MACOM Technology Solutions Holdings, Inc. (MTSI), sold shares of common stock on August 19, 2024.
• The sales were executed under a pre-arranged trading plan (Rule 10b5-1) adopted on November 13, 2023.
• A total of 1,339 shares were sold at a weighted average price of $104.78, with individual prices ranging from $104.12 to $105.11.
• An additional 1,161 shares were sold at a weighted average price of $105.52, with individual prices ranging from $105.12 to $105.97.
• Following these transactions, Mr. Bland directly owns 23,939 shares of MACOM Technology Solutions Holdings, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports the sale of shares under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under a 10b5-1 plan are generally viewed as less informative.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates