ARTUSI DANIEL A 4

What Happened

• Daniel A. Artusi, a director of MaxLinear, had 15,741 restricted stock units (RSUs) convert into common shares on May 1, 2026 (reported as an exercise/conversion of a derivative). The filing also reports a derivative disposition of 15,741 shares on the same date (reported at $0.00). He then sold 10,500 shares in the open market on May 4, 2026 for an aggregate $825,728 (weighted average price $78.64).

Key Details

• Transaction dates and prices:
  • May 1, 2026: Exercise/conversion of 15,741 RSUs into shares (reported at $0.00).
  • May 1, 2026: Derivative disposition of 15,741 shares at $0.00 (per the filing).
  • May 4, 2026: Open-market sale of 10,500 shares, weighted average price $78.64 (range $78.60–$78.76), total proceeds $825,728. (Footnote F1: the filing will provide per-price breakdown on request.)
• Footnotes:
  • F2/F3: Each RSU equals one share; 100% of the RSUs vested on May 1, 2026.
  • F1: Sale price is a weighted average of shares sold within $78.60–$78.76.
• Shares owned after the transaction: Not specified in the provided Form 4 excerpt.
• Filing timeliness: Form 4 was filed May 5, 2026 covering transactions dated May 1 and May 4; no late filing is indicated in the report.

Context

• The primary activity was RSU vesting and conversion (a non-cash award becoming shares), followed by an open-market sale of part of the shares. For retail investors, sales after RSU vesting are often routine (to cover taxes or diversify) rather than a standalone bearish signal; the filing is factual and does not state the insider’s motivation.