Form 4: MACOM Technology Solutions Director Peter Chung Receives Stock Units

Peter Chung, a director at MACOM Technology Solutions Holdings, Inc., acquired 1,623 restricted stock units on March 7, 2025, as part of the director compensation program.

Summary

• On March 7, 2025, Peter Chung, a director of MACOM Technology Solutions Holdings, Inc., received 1,623 restricted stock units.
• These units are part of the director compensation program and will vest on March 7, 2026.
• Vesting is contingent upon Mr. Chung's continuous service with the company.
• The units will be settled by delivering an equal number of common stock shares.
• Mr. Chung also indirectly owns 49,273 shares and restricted stock units through Summit Partners, L.P.
• Summit Partners, L.P. has voting and dispositive authority over these shares, although beneficial ownership is disclaimed except to the extent of pecuniary interest.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The grant of stock units can be seen as a positive sign of aligning director interests with shareholder value.

Positives

• The grant of restricted stock units aligns Mr. Chung's interests with the long-term success of MACOM Technology Solutions Holdings, Inc.

Future Outlook

The restricted stock units will vest on March 7, 2026, provided Mr. Chung remains in continuous service with the Issuer.

Industry Context

Director compensation in the form of stock and restricted stock units is a common practice in the technology industry to align the interests of directors with those of shareholders.

Stakeholder Impact

• The grant of restricted stock units may have a minor positive impact on shareholder sentiment as it aligns director interests with shareholder value.

Key Dates