Ritchie John 4
Research Summary
AI-generated summary
MACOM (MTSI) Director John Ritchie Receives RSU Award
What Happened
- John Ritchie, a director of MACOM Technology Solutions Holdings, received an award of 776 restricted stock units (RSUs) on March 6, 2026. The RSUs were granted at $0.00 (no immediate cash payment) and thus have no immediate purchase value shown in the filing.
Key Details
- Transaction date: March 6, 2026. Filing date (Form 4): March 10, 2026 (timely filed).
- Transaction type: Award/Grant (code A).
- Shares/units granted: 776 RSUs; grant price shown as $0.00; total reported value $0.
- Vesting: RSUs vest in full on March 6, 2027, subject to the reporting person remaining in continuous service (per footnote).
- Shares owned after transaction: Not specified in the information provided in this summary (beneficial ownership after the grant was not listed).
- Footnote: RSUs are granted under the Issuer’s 2021 Omnibus Incentive Plan; each RSU represents the contingent right to one share of common stock.
Context
- RSU grants are compensation awards that convert to shares only upon vesting; they are not an immediate cash purchase or sale and do not necessarily signal a buy/sell decision by the insider. This grant will result in actual shares only if Ritchie remains with the company through the March 6, 2027 vesting date.