MaxLinear (MXL) Director Daniel Artusi Receives RSU Award

What Happened

• Daniel Artusi, a director of MaxLinear, was granted 1,963 restricted stock units (RSUs) on 2026-05-20. The award is reported as a derivative grant (code A) at $0.00 per unit — i.e., no cash purchase. Each RSU represents a contingent right to one share of MaxLinear common stock.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22.
• Amount: 1,963 RSUs; reported price: $0.00 (award/grant).
• Vesting: 100% of the RSUs vest on the earlier of May 1, 2027 or the day before the next annual meeting of stockholders, provided Artusi continues as a director (per footnotes F1 and F2).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Form 4 was filed two days after the grant date (appears within the common two-business-day window).

Context

• RSUs are a form of equity compensation that convert into shares if vesting conditions are met; this is not an open-market purchase or sale and does not immediately change share count until vesting and settlement occur.
• Such awards are commonly used to align directors with shareholder interests; they are procedural compensation rather than a direct market sentiment signal.