Form 4: MaxLinear Director Ted L Tewksbury III Reports Stock Transactions
SEC Form 4
Director Ted L Tewksbury III reports the vesting and disposal of 9,170 shares of MaxLinear, Inc. common stock on May 1, 2024.
Summary
- On May 1, 2024, Ted L Tewksbury III, a director of MaxLinear, Inc., reported transactions involving the company's common stock.
- Specifically, 9,170 restricted stock units (RSUs) vested and were subsequently disposed of.
- The price per share for the disposal was $0, likely due to the vesting of the RSUs.
- Following these transactions, Tewksbury directly owns 70,726 shares of MaxLinear common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It allows investors to track the buying and selling activities of directors and officers, which can provide insights into their perspectives on the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the transactions of company directors as an indicator of management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of earliest transaction: Vesting and disposal of restricted stock units. |
| 05/03/2024 | Date of signature for the report. |
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