MOYER ALBERT J 4
Research Summary
AI-generated summary
MaxLinear (MXL) Director Albert J. Moyer Sells 15,741 Shares
What Happened
- Albert J. Moyer, a director of MaxLinear, had 15,741 restricted stock units (RSUs) vest on May 1, 2026 and those RSUs converted into 15,741 shares (reported as an exercise/conversion, code M, $0 exercise price). He then sold 15,741 shares in an open-market transaction on May 4, 2026 at $78.00 per share for total proceeds of $1,227,798. This is a sale (not a purchase).
Key Details
- Transactions reported:
- 2026-05-01: Conversion of RSUs into 15,741 shares (code M) — reported acquisition at $0.00 per share.
- 2026-05-01: Corresponding derivative disposition entry for 15,741 RSU-derived units (code M) at $0.00.
- 2026-05-04: Open-market sale of 15,741 shares (code S) at $78.00/share — proceeds $1,227,798.
- Footnotes: F1 — each RSU converts to one share; F2 — 100% of the RSUs vested on May 1, 2026.
- Shares owned after the transactions: not specified in the filing.
- Filing: Form 4 filed 2026-05-05; filing date appears timely relative to the reported transactions.
Context
- The May 1 entries reflect RSUs vesting and converting into shares (no cash exercise price). The subsequent May 4 open-market sale indicates the shares were sold after vesting. Sales by insiders are common and do not, by themselves, indicate company outlook; purchases often carry more informational weight for investors.