Form 4: MACOM Technology Solutions Director Susan Ocampo Sells Shares

Sentiment:

SEC Form 4


Director Susan Ocampo sold shares of MACOM Technology Solutions Holdings, Inc. in multiple transactions on May 13 and 14, 2024.

Summary

  • Susan Ocampo, a director of MACOM Technology Solutions Holdings, Inc., reported the sale of company stock.
  • On May 13, 2024, she sold 61,765 shares at a weighted average price of $103.21, with prices ranging from $103.00 to $103.65.
  • On May 14, 2024, she sold 85,874 shares at a weighted average price of $103.04, with prices ranging from $103.00 to $103.30.
  • The sales were executed under transaction code 'S', indicating a sale on the open market.
  • Following these transactions, Ocampo indirectly owns 7,722,165 shares through trusts for her children and the Ocampo Family Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, reporting the sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but the market may react based on their interpretation of the insider's actions.

Industry Context

Insider sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. However, they don't always indicate a negative outlook, as insiders may sell shares for various personal financial reasons.

Stakeholder Impact

  • Shareholders may react to the news of insider selling, potentially impacting the stock price.
  • The company's reputation could be affected depending on how the market interprets the insider's actions.

Key Dates

DateDescription
05/13/2024Susan Ocampo sold 61,765 shares of MACOM Technology Solutions.
05/14/2024Susan Ocampo sold 85,874 shares of MACOM Technology Solutions.
05/15/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.