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

Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions, executed sales of common stock on July 22, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On July 22, 2024, Donghyun Thomas Hwang, the SVP of Global Sales at MACOM Technology Solutions Holdings, Inc., sold shares of common stock.
• The sales were executed under a pre-arranged trading plan (Rule 10b5-1) adopted on August 25, 2023.
• A total of 5,000 shares were acquired through the exercise of stock options at a price of $16.06.
• Hwang sold 2,115 shares at a weighted average price of $105.34, 1,349 shares at $106.18, 1,236 shares at $107.41 and 300 shares at $108.17.
• Following these transactions, Hwang directly owns 41,523 shares of MACOM Technology Solutions Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. It doesn't convey strong positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan allows insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

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

Key Dates