Form 4: MaxLinear Director Liu Tsu-Jae King Reports Stock Transactions

Director Liu Tsu-Jae King of MaxLinear, Inc. reports the vesting and disposal of restricted stock units on March 30, 2024.

Summary

• On March 30, 2024, Liu Tsu-Jae King, a director of MaxLinear, Inc., reported transactions involving restricted stock units (RSUs).
• Specifically, 1,679 RSUs were vested and disposed of, representing a contingent right to receive 1,679 shares of MaxLinear common stock.
• Additionally, 254 RSUs were vested and disposed of, representing a contingent right to receive 254 shares of MaxLinear common stock.
• The transactions were executed at a price of $0.
• Following the reported transactions, the director holds 0 derivative securities.
• The RSUs vested in accordance with the 2010 Equity Incentive Plan, with one-third vesting annually on each anniversary of March 30, 2021, until fully vested on March 30, 2024.
• After the transaction, the director beneficially owns 17,903 shares of common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies in compliance with SEC regulations.
• The vesting schedule of the RSUs (one-third annually) is a typical vesting arrangement.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine vesting and disposal of equity compensation.

Key Dates