Form 4: MACOM Technology Solutions SVP Sells Over 4,000 Shares Under Pre-Arranged Plan
Insider Transaction Report
Robert Dennehy, SVP of Operations at MACOM Technology Solutions Holdings, Inc., sold 4,113 shares of common stock for approximately $498,000 on May 30, 2025, pursuant to a Rule 10b5-1 trading plan.
Summary
- Robert Dennehy, SVP of Operations at MACOM Technology Solutions Holdings, Inc. (MTSI), sold a total of 4,113 shares of common stock on May 30, 2025.
- The sales were executed in two separate transactions: 2,144 shares at a weighted average price of $120.55 and 1,969 shares at a weighted average price of $121.62.
- The total value of the shares sold is approximately $497,899.78.
- These transactions were conducted under a pre-arranged Rule 10b5-1 sales plan adopted on February 28, 2025.
- Following these sales, Mr. Dennehy beneficially owns 20,680 shares of MACOM Technology Solutions Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral. While an insider sale, it was conducted under a pre-arranged 10b5-1 plan, which mitigates negative sentiment as it's not necessarily indicative of a lack of confidence in the company's future. It's a routine compliance filing.
Positives
- The sales were conducted under a Rule 10b5-1 trading plan, adopted on February 28, 2025, which indicates a pre-scheduled transaction and not necessarily a reaction to immediate company performance.
Negatives
- An insider, the SVP of Operations, sold a significant number of shares (4,113 shares) of company stock.
Risks
- Insider sales, even under a 10b5-1 plan, can sometimes be perceived negatively by investors as they reduce management's direct stake in the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: May view the insider sale as a slight negative, though mitigated by the 10b5-1 plan. It reduces the SVP's direct equity alignment.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date Rule 10b5-1 sales plan was adopted by Robert Dennehy. |
| 05/30/2025 | Date of common stock sales by Robert Dennehy. |
| 06/03/2025 | Date the Form 4 was signed and filed. |
Recommendation
holdKeywords
MACOM Technology Solutions Holdings, MTSI, Form 4, Insider Trading, Stock Sale, Robert Dennehy, Rule 10b5-1 Plan, SVP Operations, Equity Sales
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