Form 4: MACOM Technology SVP Sells 5,000 Shares Under Pre-Arranged 10b5-1 Plan
Insider Transaction Report
Robert Dennehy, SVP of Operations at MACOM Technology Solutions Holdings, Inc., sold 5,000 shares of common stock for a weighted average price of $140.42 per share, executed under a Rule 10b5-1 plan.
Summary
- Robert Dennehy, the Senior Vice President of Operations at MACOM Technology Solutions Holdings, Inc. (MTSI), reported a transaction involving the company's common stock.
- On June 24, 2025, Mr. Dennehy disposed of 5,000 shares of MTSI common stock.
- The shares were sold at a weighted average price of $140.42 per share, with individual transaction prices ranging from $140.00 to $140.88.
- This sale was conducted pursuant to a Rule 10b5-1 sales plan, which Mr. Dennehy adopted on February 28, 2025.
- Following this transaction, Mr. Dennehy directly beneficially owns 15,680 shares of MACOM Technology Solutions Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine insider transaction disclosure (Form 4) under a pre-arranged 10b5-1 plan, which is generally considered neutral as it's not indicative of new information or a change in sentiment regarding the company's prospects.
Negatives
- The SVP of Operations sold 5,000 shares of company stock, which, while executed under a pre-arranged 10b5-1 plan, represents a reduction in the insider's direct equity stake in the company.
Future Outlook
This Form 4 filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This document is an insider trading report (Form 4) specific to an individual's stock transaction and does not provide broader industry context or trends for the semiconductor or technology sectors.
Stakeholder Impact
- Shareholders: The sale represents a minor reduction in the direct equity stake of a key executive, which is a routine disclosure for pre-arranged sales plans and typically has limited direct impact on other shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date the Rule 10b5-1 sales plan was adopted by the Reporting Person. |
| 06/24/2025 | Date of the reported transaction (sale of common stock). |
| 06/26/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
MACOM Technology Solutions, MTSI, Form 4, Insider Trading, Stock Sale, Robert Dennehy, 10b5-1 Plan, Beneficial Ownership
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