Form 4: MACOM Technology Solutions Holdings Executive Wayne Mack Struble Reports Tax-Related Stock Disposal
SEC Form 4
Wayne Mack Struble, SVP at MACOM Technology Solutions Holdings, reports the disposal of 820 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- Wayne Mack Struble, a Senior Vice President at MACOM Technology Solutions Holdings, filed a Form 4 detailing changes in beneficial ownership.
- On October 27, 2024, Mr. Struble disposed of 820 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $121.7 per share.
- Following the transaction, Mr. Struble directly owns 16,955 shares of MACOM Technology Solutions Holdings.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This specific filing relates to tax obligations arising from equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 10/27/2024 | Date of stock disposal for tax withholding. |
| 10/29/2024 | Date of signature on the Form 4 filing. |
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