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

Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions, sold shares of common stock on September 3, 2024, under a pre-arranged 10b5-1 sales plan.

Summary

• Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions Holdings, Inc., reported the sale of common stock on September 3, 2024.
• The sales were executed under a pre-arranged sales plan adopted on August 25, 2023, intended to comply with Rule 10b5-1.
• A total of 4,375 shares were sold in multiple transactions at varying prices.
• The prices ranged from $102.61 to $107.07 per share.
• Following the reported transactions, Hwang directly owns 37,148 shares of MACOM Technology Solutions Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard Form 4 filing, indicating routine stock sales under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The reporting person may continue to execute sales under the 10b5-1 plan.

Industry Context

Executive stock sales are a common occurrence and are often pre-planned to avoid insider trading concerns. The use of a 10b5-1 plan allows insiders to sell shares over a period of time without being accused of acting on non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates