Form 4: MACOM Technology Solutions Executive Sells Shares Under 10b5-1 Plan

Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions, sold 1,500 shares of common stock at $118.38 per share on November 6, 2024, under a pre-arranged trading plan.

Summary

• On November 6, 2024, Donghyun Thomas Hwang, the SVP of Global Sales at MACOM Technology Solutions Holdings, Inc., sold 1,500 shares of the company's common stock.
• The sale was executed at a price of $118.38 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 37,102 shares of MACOM Technology Solutions Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 plan suggests the executive is selling shares in a pre-planned manner to avoid accusations of insider trading.

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.

Key Dates