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

Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions, sold a portion of his holdings in common stock under a pre-arranged trading plan.

Summary

• On March 11, 2024, Donghyun Thomas Hwang, the SVP of Global Sales at MACOM Technology Solutions Holdings, Inc., sold shares of common stock.
• The sales were executed in two transactions at weighted average prices of $91.99 and $92.79.
• A total of 6,406 shares were sold at an average price of $91.99.
• A total of 2,991 shares were sold at an average price of $92.79.
• These transactions were conducted under a pre-arranged sales plan adopted on August 25, 2023, to comply with Rule 10b5-1.
• Following the reported transactions, Hwang directly owns 48,325 shares of MACOM Technology Solutions Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock sales by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity. It is 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 could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact due to the pre-planned nature of the sales.

Key Dates