Form 4: MaxLinear Director Ted L Tewksbury III Sells 12,000 Shares
SEC Form 4 Filing
Ted L Tewksbury III, a director at MaxLinear, Inc., sold 12,000 shares of common stock on March 1, 2024, at a price of $19.57 per share.
Summary
- On March 1, 2024, Ted L Tewksbury III, a director of MaxLinear, Inc., sold 12,000 shares of the company's common stock.
- The sale was executed at a price of $19.57 per share.
- Following the transaction, Tewksbury directly owns 61,556 shares of MaxLinear common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself may or may not reflect a broader trend or sentiment regarding the company's prospects.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Ted L Tewksbury III sold 12,000 shares of MaxLinear common stock. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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