Form 4: MACOM Technology Solutions Director Susan Ocampo Sells Shares Held in Trusts
SEC Form 4
Director Susan Ocampo reports selling MACOM Technology Solutions shares held in trusts for her children in multiple transactions between February 10 and February 11, 2025.
Summary
- Susan Ocampo, a director of MACOM Technology Solutions Holdings, Inc., reported the sale of company stock held indirectly through trusts.
- The sales occurred on February 10 and 11, 2025.
- On February 10, 2025, 45,371 shares were sold at a weighted average price of $125.34, and 402 shares were sold at a weighted average price of $126.05.
- On February 11, 2025, 25,003 shares were sold at a weighted average price of $123.32.
- Following these transactions, Ocampo indirectly beneficially owns 5,484,743 shares through trusts for her children, 4,813,193 shares through the Ocampo Family Trust, and 1,500,000 shares through a GRAT.
- The reported sales were executed at varying prices within specified ranges, and Ocampo has committed to providing detailed transaction information upon request.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a report of stock sales by a director, which 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, which is common for directors and officers of publicly traded companies. The sales themselves don't necessarily indicate a negative outlook for the company, as they could be for personal financial planning reasons.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although the volume of shares sold is relatively small compared to the total outstanding shares.
- The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be negligible.
Key Dates
| Date | Description |
|---|---|
| 11/27/2024 | 1,500,000 shares previously held in the Ocampo Family Trust were contributed to a grantor retained annuity trust (GRAT). |
| 02/10/2025 | Sale of 45,371 shares of Common Stock at $125.34. |
| 02/10/2025 | Sale of 402 shares of Common Stock at $126.05. |
| 02/11/2025 | Sale of 25,003 shares of Common Stock at $123.32. |
| 02/12/2025 | Date of Form 4 filing. |
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