MaxLinear (MXL) Director Thomas E. Pardun Sells 11,000 Shares

What Happened

• Thomas E. Pardun, a director of MaxLinear, reported a sale of 11,000 shares on May 26, 2026. The shares were disposed at $105.00 each, totaling approximately $1,155,000. This was a sale (S), not a purchase.

Key Details

• Transaction date and price: 2026-05-26 — 11,000 shares @ $105.00 each (total ~$1,155,000).
• Transaction type: Reported as an open market or private sale (code S).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 notes these shares are held by the Thomas E. Pardun Irrevocable Trust; the Trust received the shares from direct ownership on Oct 28, 2020.
• Filing and timeliness: Form 4 filed on 2026-05-28 (two days after the transaction), which is within the standard Form 4 reporting window.

Context

• Insider sales can be routine (to diversify, cover taxes, or for personal needs) and do not by themselves signal company outlook; purchases often carry more informational weight. This filing is informational and should be considered alongside other insider activity and company fundamentals.