4Accepted Sep 1, 4:36 PM ET
MACOM (MTSI) COO Robert Dennehy Sells 252 Shares
Accepted (ET)
4:36 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
5.1 KB
Summary
MACOM (MTSI) COO Robert Dennehy Sells 252 Shares
What Happened Robert Dennehy, Senior Vice President and Chief Operating Officer of MACOM Technology Solutions (MTSI), sold 252 shares on August 28, 2026. The shares were disposed at $275.20 per share for gross proceeds of $69,350. This was a sale (not a purchase) and, per the filing, was executed under a prearranged plan.
Key Details
- Transaction date and price: 2026-08-28, 252 shares at $275.20 each.
- Total proceeds: $69,350 (gross).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Filing date: Form 4 filed 2026-09-01 — within the standard two-business-day reporting window for Form 4s following the trade date.
- Footnote: The sale was made pursuant to a sales plan adopted by Dennehy on May 29, 2026 and intended to comply with SEC Rule 10b5-1 (prearranged trading plan).
Context Sales made under Rule 10b5-1 plans are prearranged and commonly used by insiders to sell shares on a schedule or according to preset rules; they are often routine and do not necessarily signal a change in the insider’s view of the company. For retail investors, purchases generally carry more direct informational value than routine sales; this filing documents a routine, preplanned disposition.