MXL.NASDAQMaxlinear, INC

Form 4: MaxLinear Corporate Controller Connie H. Kwong Reports Acquisition of 783 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Connie H. Kwong, Corporate Controller & PAO of MaxLinear, Inc., reports acquiring 783 shares of common stock on February 20, 2025, through the company's Executive Incentive Bonus Plan.

Summary

  • On February 20, 2025, Connie H. Kwong, Corporate Controller & PAO of MaxLinear, Inc., acquired 783 shares of common stock.
  • The acquisition was made under the Company's Executive Incentive Bonus Plan.
  • The shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan.
  • The grant amounts were determined based on the award amount earned under the Bonus Plan and the closing price of the Company's Common Stock on The Nasdaq Global Select Market on February 20, 2025.
  • The reporting person has deferred settlement of the shares until March 3, 2025.
  • Following the transaction, Kwong directly owns 49,930 shares of MaxLinear common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a company officer is generally a good sign, but it's a routine transaction.

Positives

  • The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that a company officer has acquired shares, which is generally viewed as a positive signal.

Stakeholder Impact

  • The acquisition of shares by a company officer could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
02/20/2025Date of transaction: acquisition of 783 shares of common stock.
02/24/2025Date of Form 4 filing.
03/03/2025Deferred settlement date for the acquired shares.

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