LITCHFIELD STEVEN G 4
4 · MAXLINEAR, INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
MaxLinear (MXL) CFO Steven Litchfield Sells Shares
What Happened Steven G. Litchfield, MaxLinear’s Chief Financial Officer and Chief Corporate Strategy Officer, sold a total of 44,929 shares of MXL in three open-market transactions between March 4 and March 6, 2026. The individual trades were: 20,000 shares on 2026-03-04 at $17.50 (proceeds reported $349,918), 4,929 shares on 2026-03-05 at $16.81 (proceeds reported $82,837), and 20,000 shares on 2026-03-06 at $15.68 (proceeds reported $313,672). Aggregate proceeds across the three sales were approximately $746,427. These were sales (transaction code S), which are typically routine insider sales rather than an explicit bullish signal.
Key Details
- Transaction dates and reported prices:
- 2026-03-04: 20,000 shares @ $17.50 (proceeds $349,918)
- 2026-03-05: 4,929 shares @ $16.81 (proceeds $82,837)
- 2026-03-06: 20,000 shares @ $15.68 (proceeds $313,672)
- Total shares sold: 44,929; total proceeds ≈ $746,427.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: F1/F3/F4 note reported prices are weighted averages across specified price ranges (breakdowns available on request). F2 notes inclusion of 326 shares acquired under the company ESPP on Nov 15, 2025.
- Filing: Report filed 2026-03-06 for transactions occurring Mar 4–6, 2026; no late filing flag indicated.
Context
- These were open-market sales by a named executive; such sales can reflect personal liquidity needs, portfolio rebalancing, or other non-public reasons and do not alone indicate company performance.
- Transaction code S = sale. There is no indication here of option exercises, gifts, or 10% owner activity.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-04$17.50/sh−20,000$349,918→ 368,364 total - Sale
Common Stock
[F3]2026-03-05$16.81/sh−4,929$82,837→ 363,435 total - Sale
Common Stock
[F4]2026-03-06$15.68/sh−20,000$313,672→ 343,435 total
Footnotes (4)
- [F1]Represents the weighted average share price of an aggregate total of 20,000 shares sold in the price range of $17.32 to $17.67 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]Includes 326 shares of Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on November 15, 2025.
- [F3]Represents the weighted average share price of an aggregate total of 4,929 shares sold in the price range of $16.75 to $16.89 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]Represents the weighted average share price of an aggregate total of 20,000 shares sold in the price range of $15.68 to $15.73 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.