PARDUN THOMAS E 4

What Happened

• Thomas E. Pardun, a director of MaxLinear, Inc. (MXL), was granted 1,963 restricted stock units (RSUs) on May 20, 2026. The reported acquisition price is $0.00 (typical for equity awards); the filing classifies the transaction as an award/grant (code A). This is a compensation-related grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22.
• Transaction type/code: Award/Grant (A); instrument: restricted stock units (derivative).
• Shares/units granted: 1,963 RSUs; acquisition price reported: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote summary:
  • F1: Each RSU represents a contingent right to receive one share of MaxLinear common stock.
  • F2: Vesting is contingent on the Reporting Person remaining a Director; 100% of the RSUs vest on the earlier of May 1, 2027 or the date immediately preceding the next annual meeting of stockholders.
• Timeliness: Form filed two days after the transaction date; filing does not indicate lateness.

Context

• RSU grants are a form of equity compensation that do not transfer actual shares until vesting conditions are met; they generally do not reflect an immediate cash investment or sale. Because vesting here is conditioned on continued service as a director, the award is primarily compensation-related and should be interpreted accordingly (i.e., not a direct buy/sell market signal).