MOYER ALBERT J 4

What Happened

• Albert J. Moyer, a director of MaxLinear, converted restricted stock units (RSUs) into 40,336 shares on May 20, 2026 (transaction code M — exercise/conversion of a derivative). The reported acquisition price was $0.00 (these were RSU settlements, not open‑market purchases).
• On the same date the filing shows disposals totaling 40,336 shares (split into multiple lots: 6,217; 4,138; 8,748; 6,545; 7,890; 1,165; 5,633). The disposals appear to reflect withholding or surrender of shares in connection with the RSU settlement (no cash sale value reported), so the net change in beneficial ownership is zero.

Key Details

• Transaction date: May 20, 2026. Form 4 filed May 22, 2026 (timely filing).
• Prices: $0.00 per share for both acquisition and disposals (RSU conversion and share withholding, not market trades).
• Total shares acquired: 40,336. Total shares disposed: 40,336 (net +0 shares).
• Footnotes: F1–F8 confirm these were RSUs (one RSU = one share), that Moyer had deferred settlement under a Restricted Stock Unit Election, and that his retirement from the board on May 20, 2026 triggered settlement.
• Transaction codes: M = exercise/conversion of derivative. The multiple disposals are consistent with tax withholding/share surrender rather than open‑market sales.

Context

• This was an RSU settlement tied to Moyer’s retirement from the board — not a purchase or an open‑market sale. Because all converted shares were surrendered/withheld, there is no net increase in his reported holdings from this filing.
• For retail investors: RSU settlements and withholding are routine administrative events and do not necessarily signal insider buying or selling intent.