Form 4: MACOM Technology Solutions Director Susan Ocampo Sells Shares Held in Trusts for Children
SEC Form 4 Filing
Director Susan Ocampo reported the sale of MACOM Technology Solutions Holdings, Inc. (MTSI) shares held in trusts for her children over two days in May.
Summary
- Susan Ocampo, a director at MACOM Technology Solutions Holdings, Inc. (MTSI), filed a Form 4 detailing changes in beneficial ownership.
- The report covers transactions that occurred on May 15 and May 16, 2024.
- Ocampo sold shares of common stock indirectly through trusts established for her children.
- On May 15, 2024, she sold 96,204 shares at a weighted average price of $102.55 and 53,796 shares at a weighted average price of $103.3.
- On May 16, 2024, she sold 4,715 shares at a weighted average price of $102.51 and 77,646 shares at a weighted average price of $103.01.
- Following these transactions, Ocampo continues to indirectly own a significant number of shares through various trusts, including trusts for her children and the Ocampo Family Trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of these sales, such as the executive's overall holdings and the reasons behind the transactions.
Comparison to Industry Standards
- Comparing Ocampo's transactions to those of other directors in similar technology companies could provide context.
- For example, if other directors in the semiconductor industry are also selling shares, it might indicate broader industry trends or concerns.
- Benchmarking against companies like Analog Devices (ADI) or Texas Instruments (TXN) could be useful.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
- The impact on employees, customers, suppliers, and creditors is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of first reported transaction: Sale of 96,204 shares at $102.55 and 53,796 shares at $103.3 |
| 05/16/2024 | Date of second reported transaction: Sale of 4,715 shares at $102.51 and 77,646 shares at $103.01 |
| 05/17/2024 | Date of Form 4 filing |
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