Form 4: MACOM Technology Solutions Holdings SVP, GC and Secretary Ambra R. Roth Reports Acquisition of Restricted Stock Units
SEC Form 4
Ambra R. Roth, SVP, GC and Secretary of MACOM Technology Solutions Holdings, reports the acquisition of 2,513 restricted stock units (RSUs) under the company's 2021 Omnibus Incentive Plan.
Summary
- On October 23, 2024, Ambra R. Roth, SVP, GC and Secretary of MACOM Technology Solutions Holdings, acquired 2,513 restricted stock units (RSUs).
- 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: 837 shares on October 23, 2025, 837 shares on October 23, 2026, and 839 shares on October 23, 2027, contingent upon continuous service with the Issuer through each vesting date.
- Following the transaction, Roth directly owns 10,573 shares of Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The grant of RSUs is a standard practice and aligns executive interests with shareholders. There are no negative implications.
Positives
- The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing continued service and performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the compensation and equity ownership of key executives.
Stakeholder Impact
- The RSU grant aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of RSU transaction |
| 10/23/2025 | Vesting date for 837 RSUs |
| 10/23/2026 | Vesting date for 837 RSUs |
| 10/23/2027 | Vesting date for 839 RSUs |
| 10/25/2024 | Date of Form 4 signature |
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