Form 4: MACOM Technology Solutions CFO John Kober Sells Shares

John Kober, Senior VP and CFO of MACOM Technology Solutions Holdings, Inc., sold a total of 2,250 shares of common stock on January 2, 2025, according to a Form 4 filing with the SEC.

Summary

• On January 2, 2025, John Kober, the Senior VP and CFO of MACOM Technology Solutions Holdings, Inc. (MTSI), sold 2,250 shares of the company's common stock.
• The sales were executed in multiple transactions at varying prices.
• Specifically, 1,425 shares were sold at a weighted average price of $129.65, with individual prices ranging from $129.36 to $130.20.
• An additional 800 shares were sold at a weighted average price of $130.81, with individual prices ranging from $130.57 to $131.02.
• Finally, 25 shares were sold at $132.34.
• Following these transactions, Kober directly owns 49,239 shares of MACOM Technology Solutions Holdings, Inc.
• The sales were conducted under a pre-arranged sales plan adopted on August 25, 2023, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand management's perspective on the company's stock and future prospects. However, sales under 10b5-1 plans are often pre-scheduled and may not reflect current sentiment.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although the impact is likely to be minimal given the pre-planned nature of the transactions.

Key Dates