Form 4: MACOM Technology Solutions Executive Sells Shares Under 10b5-1 Plan
SEC Form 4
Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions, sold 1,583 shares of common stock at a price of $116.61 per share on March 3, 2025, according to a pre-arranged trading plan.
Summary
- On March 3, 2025, Donghyun Thomas Hwang, the SVP of Global Sales at MACOM Technology Solutions Holdings, Inc., sold 1,583 shares of the company's common stock.
- The sale was executed at a price of $116.61 per share.
- The transaction was conducted under a pre-arranged sales plan adopted on August 25, 2023, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
- Following the transaction, Hwang directly owns 42,074 shares of MACOM Technology Solutions Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, as it's simply a report of a transaction.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company. The use of a 10b5-1 plan suggests that the sales were pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading based on non-public information.
Key Dates
| Date | Description |
|---|---|
| 08/25/2023 | Date the Reporting Person adopted the sales plan. |
| 03/03/2025 | Date of the transaction (stock sale). |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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