Form 4: MACOM Technology Solutions Holdings CFO John Kober Sells Shares

John Kober, Senior VP and CFO of MACOM Technology Solutions Holdings, sold shares of the company's common stock on May 7, 2024, according to a Form 4 filing with the SEC.

Summary

• On May 7, 2024, John Kober, the Senior VP and CFO of MACOM Technology Solutions Holdings, sold shares of the company's common stock.
• The sales were executed in multiple transactions at varying prices.
• A total of 6,275 shares were sold at a weighted average price of $102.46, with prices ranging from $101.94 to $102.91.
• An additional 6,660 shares were sold at a weighted average price of $103.35, with prices ranging from $102.96 to $103.95.
• Finally, 731 shares were sold at a weighted average price of $104.14, with prices ranging from $104.01 to $104.39.
• Following these transactions, Mr. Kober directly owns 47,006 shares of MACOM Technology Solutions Holdings.
• The sales were 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.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by an executive. The sales were conducted under a pre-arranged plan, so it's unlikely to have a significant impact on investor sentiment.

Risks

• Executive stock sales can sometimes be perceived negatively by investors, although sales under a 10b5-1 plan are typically less concerning.

Industry Context

Insider sales are a common occurrence in publicly traded companies. It's important to consider the context of these sales, such as whether they are part of a pre-planned trading program.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on their perception of insider selling activity.

Key Dates