Dennehy Robert 4

What Happened

• Robert Dennehy, Senior Vice President and COO of MACOM Technology Solutions (MTSI), sold a total of 18,398 shares in multiple open-market transactions on February 26, 2026, generating aggregate proceeds of approximately $4,512,097. Individual lots ranged from 300 to 4,780 shares with reported weighted-average prices between about $240.40 and $253.58.

Key Details

• Transaction date: 2026-02-26 (all sales)
• Individual sales (shares @ weighted-average price = proceeds):
  • 971 @ $240.40 = $233,428 (prices ranged $240.20–$240.73)
  • 300 @ $241.70 = $72,510 (prices ranged $241.38–$242.37)
  • 3,200 @ $242.96 = $777,472 (prices ranged $242.44–$243.42)
  • 4,780 @ $243.95 = $1,166,081 (prices ranged $243.45–$244.41)
  • 4,100 @ $244.85 = $1,003,885 (prices ranged $244.46–$245.40)
  • 2,576 @ $246.70 = $635,499 (prices ranged $246.15–$247.09)
  • 400 @ $248.97 = $99,588 (prices ranged $248.61–$249.11)
  • 500 @ $250.52 = $125,260 (prices ranged $250.51–$250.54)
  • 1,571 @ $253.58 = $398,374 (prices ranged $253.30–$254.05)
• Aggregate: 18,398 shares sold for ≈ $4.51 million.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: F1 — sales were made pursuant to a sales plan adopted Nov 27, 2025 and intended to comply with SEC Rule 10b5‑1; other footnotes show each lot’s weighted-average price ranges and offer to provide per-price breakout on request.
• Filing timeliness: Form 4 filed on 2026-03-02 for transactions on 2026-02-26 (filed within the required two business days).

Context

• These were open-market sales executed under a pre-established 10b5‑1 plan. Such plans allow insiders to sell on a preset schedule and are generally viewed as routine and not necessarily indicative of an insider’s current view of the company. For retail investors, purchases tend to be more informative about insider confidence; sales under 10b5‑1 are often for diversification or liquidity purposes.