Form 4: MACOM Technology Solutions Director Susan Ocampo Reports Stock Grant and Trust Holdings
SEC Form 4 Filing
Director Susan Ocampo reported the acquisition of restricted stock units and holdings through family trusts.
Summary
- On March 8, 2024, Susan Ocampo, a director of MACOM Technology Solutions Holdings, Inc., reported transactions related to the company's common stock.
- Ocampo acquired 2,138 restricted stock units (RSUs) under the Issuer's 2021 Omnibus Incentive Plan, vesting fully on March 8, 2025, contingent upon continuous service.
- Ocampo's direct holdings decreased by 7,150 shares.
- Ocampo also reported indirect ownership of 6,886,661 shares through the Ocampo Family Trust and 7,987,681 shares through trusts for her children.
- Specifically, 2,414,227 shares are held by a trust for her son, 2,786,727 shares are held by a trust for her daughter, and 2,786,727 shares are held by a trust for her son.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The RSU grant indicates confidence in the director's continued service and aligns interests with shareholders. The document is a routine filing.
Positives
- The grant of restricted stock units aligns the director's interests with the company's long-term performance.
Negatives
- The document does not contain any negative information.
Risks
- The vesting of the restricted stock units is contingent upon continuous service, creating a potential risk if the director leaves the company before the vesting date.
Future Outlook
The document does not contain any specific forward-looking statements, but the RSU grant suggests an expectation of continued service from the director.
Industry Context
This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the U.S., ensuring transparency of insider transactions.
- Companies like Analog Devices (ADI) and Skyworks Solutions (SWKS) also have similar filings when their executives or directors trade company stock.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding insider transactions.
- The RSU grant incentivizes the director to contribute to the company's success, potentially benefiting shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction and RSU grant |
| 03/08/2025 | Vesting date for restricted stock units |
| 03/12/2024 | Date of Form 4 filing |
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