Form 4: MACOM Technology Solutions Executive Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions, sold 7,355 shares of common stock at $133 per share on January 27, 2025, according to a Form 4 filing.
Summary
- Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions Holdings, Inc., reported a transaction involving the sale of company stock.
- On January 27, 2025, Hwang sold 7,355 shares of common stock at a price of $133 per share.
- The sale was executed 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 43,657 shares of MACOM Technology Solutions Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an insider stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of an insider stock sale. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the pre-planned nature of the sale.
Key Dates
| Date | Description |
|---|---|
| 2023-08-25 | Date of adoption of the Rule 10b5-1 sales plan. |
| 2025-01-27 | Date of the stock sale transaction. |
| 2025-01-29 | Date of 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.