Form 4: Susan Ocampo, MACOM Director and 10% Owner, Sells Shares in Trusts for Children

Sentiment:

SEC Form 4


Susan Ocampo, a Director and 10% owner of MACOM Technology Solutions Holdings, Inc., reported selling shares held in trusts for her children on August 21 and August 23, 2024.

Summary

  • Susan Ocampo, a Director and 10% owner of MACOM Technology Solutions Holdings, Inc. (MTSI), filed a Form 4 detailing changes in beneficial ownership.
  • On August 21, 2024, Ocampo sold 56,500 shares of common stock at a weighted average price of $107.01, with prices ranging from $107.00 to $107.17.
  • On August 23, 2024, Ocampo sold 51,010 shares of common stock at a weighted average price of $107.02, with prices ranging from $107.00 to $107.14.
  • The shares were sold from trusts established for Ocampo's children.
  • Following these transactions, Ocampo indirectly beneficially owns 6,194,746 shares through trusts for her children and 6,896,685 shares through the Ocampo Family Trust, as well as 2,138 directly held shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

Sales by company insiders are routinely monitored by investors as they can provide signals about the insider's perspective on the stock's valuation and future prospects. However, sales do not necessarily indicate a negative outlook, as insiders may sell for various personal financial reasons.

Stakeholder Impact

  • Shareholders may interpret the stock sales as a signal, although the impact is likely to be minimal given the relatively small volume of shares sold compared to the total outstanding.

Key Dates

DateDescription
08/21/2024Sale of 56,500 shares of MACOM common stock at a weighted average price of $107.01.
08/23/2024Sale of 51,010 shares of MACOM common stock at a weighted average price of $107.02.
08/23/2024Date of signature for the Form 4 filing.

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