Form 4: MACOM Technology Solutions Holdings Senior VP and CFO John Kober Reports Acquisition of Restricted Stock Units

Senior VP and CFO of MACOM Technology Solutions Holdings, John Kober, reports the acquisition of 4,366 restricted stock units (RSUs) under the company's 2021 Omnibus Incentive Plan.

Summary

• John Kober, Senior VP and CFO of MACOM Technology Solutions Holdings, filed a Form 4.
• The report details the acquisition of 4,366 restricted stock units (RSUs) on October 23, 2024.
• These RSUs were granted under the Issuer's 2021 Omnibus Incentive Plan.
• Each RSU represents the contingent right to receive one share of Common Stock.
• The RSUs vest in three tranches: 1,455 shares on October 23, 2025, 1,455 shares on October 23, 2026, and 1,456 shares on October 23, 2027, contingent upon continuous service with the Issuer.
• Following the reported transaction, Kober beneficially owns 51,585 shares of Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, indicating confidence in the executive's continued service and the company's future performance.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing long-term performance and commitment to the company.

Risks

• The vesting of the RSUs is contingent upon continued service, meaning Kober must remain with the company to realize the full benefit.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Equity compensation is a common practice in the technology industry to attract and retain key executives and align their interests with those of the shareholders. The vesting schedule is typical for such grants.

Comparison to Industry Standards

• RSU grants are a standard form of executive compensation in the semiconductor industry, used by companies like Analog Devices (ADI), Texas Instruments (TXN), and Skyworks Solutions (SWKS).
• Vesting schedules of three to four years are typical for these grants, aligning with industry norms for incentivizing long-term performance.

Stakeholder Impact

• The RSU grant aligns management's interests with shareholders, potentially leading to increased shareholder value.

Key Dates