Form 4: MACOM Technology Solutions Director Charles R. Bland Reports Acquisition of Restricted Stock

Director Charles R. Bland reports acquisition of 2,138 shares of restricted stock in MACOM Technology Solutions Holdings, Inc.

Summary

• Charles R. Bland, a director of MACOM Technology Solutions Holdings, Inc. (MTSI), reported a transaction on March 8, 2024.
• Bland acquired 2,138 shares of Common Stock.
• These shares were obtained through restricted stock awards granted under the Issuer's 2021 Omnibus Incentive Plan.
• The restricted stock awards vest in full on March 8, 2025, contingent upon Bland's continuous service with the Issuer through the vesting date.
• Following the transaction, Bland beneficially owns 28,939 shares of Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of restricted stock grant to a director, which is a common practice.

Positives

• The grant of restricted stock aligns the director's interests with the long-term performance of the company.
• The vesting condition of continuous service encourages the director's continued commitment to the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to insider transactions, specifically the granting of restricted stock to a director. Such grants are common in the technology industry to incentivize and retain key personnel.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with the company's long-term success.

Key Dates