Form 4: MaxLinear CFO Steven Litchfield Reports Stock Transactions
SEC Form 4
Steven Litchfield, CFO of MaxLinear, reports the vesting and disposal of restricted stock units and common stock transactions.
Summary
- On May 20, 2025, Steven Litchfield, the CFO of MaxLinear, vested 1,196 shares of common stock.
- He then disposed of 1,196 shares at a price of $12.07.
- Following these transactions, Litchfield directly owns 414,360 shares of MaxLinear common stock.
- This includes 1,460 shares acquired under the company's 2010 Employee Stock Purchase Plan on May 15, 2025.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, and the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| May 20, 2022 | One-fourth (1/4th) of the RSUs vested. |
| May 15, 2025 | 1,460 shares of Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan. |
| May 20, 2025 | Vesting of 1,196 restricted stock units and disposal of 1,196 shares of common stock. |
| May 20, 2025 | RSUs fully vested. |
| May 22, 2025 | Date of signature for the Form 4 filing. |
Keywords
MaxLinear, MXL, Steven Litchfield, CFO, Form 4, Stock Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership
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