Form 4: MACOM Director Susan Ocampo Sells Shares in Multiple Transactions
SEC Form 4 Filing
Susan Ocampo, a director at MACOM Technology Solutions Holdings, sold a significant number of shares held indirectly through a family trust and trusts for her children over several days in late November 2024.
Summary
- Susan Ocampo, a director at MACOM Technology Solutions Holdings, has sold a total of 237,202 shares of common stock between November 22nd and November 26th, 2024.
- The shares were sold indirectly through the Ocampo Family Trust and trusts for her children.
- The sales occurred in multiple transactions at varying prices, ranging from $133.00 to $137.27 per share.
- Following these transactions, Ms. Ocampo still indirectly holds 6,313,193 shares through the Ocampo Family Trust and 5,555,519 shares through trusts for her children.
Sentiment
Score: 4
Explanation: The document details a significant sale of shares by a director, which could be viewed negatively by the market. However, it is a routine filing and does not necessarily indicate a negative outlook for the company.
Negatives
- The director's sale of a significant number of shares could be interpreted negatively by the market.
Risks
- Large sales by insiders can sometimes signal a lack of confidence in the company's future prospects, potentially impacting investor sentiment.
- The market may react negatively to the news of a director selling a substantial amount of stock.
Industry Context
Insider trading activity is a common occurrence in the stock market, and this filing provides transparency into the transactions of a key company director. It is important to monitor such activity as it can sometimes provide insights into management's view of the company's prospects.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, ensuring transparency and compliance with SEC regulations.
- The volume of shares sold by Susan Ocampo is significant, but not unusual for a director with substantial holdings. Similar transactions are regularly seen across various companies and industries.
- Comparable companies in the semiconductor industry also experience insider trading activity, with similar filings made public.
Stakeholder Impact
- Shareholders may react to the news of the director's share sales, potentially impacting the stock price.
- The transactions do not directly impact employees, customers, or suppliers.
Key Dates
| Date | Description |
|---|---|
| 11/22/2024 | Initial sale of 31,013 shares at an average price of $133.15 and 9,179 shares at an average price of $134.23. |
| 11/25/2024 | Sale of 9,331 shares at an average price of $136.58 and 3,107 shares at an average price of $137.18. |
| 11/26/2024 | Sale of 79,008 shares at an average price of $133.28, 2,407 shares at an average price of $134.20, 102,729 shares at an average price of $135.09 and 3,418 shares at an average price of $136.67. |
Keywords
insider trading, stock sale, Form 4, MACOM, Susan Ocampo, share transactions, beneficial ownership
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