MaxLinear (MXL) Director Greg Dougherty Receives RSU Award

What Happened
Greg Dougherty, a Director of MaxLinear, was awarded 1,963 restricted stock units (RSUs) on May 20, 2026. The award is reported as an acquisition of a derivative instrument at $0.00 (transaction code A). RSUs represent a contingent right to receive one share of MaxLinear common stock per unit once the award vests; no shares were delivered at grant.

Key Details

• Transaction date: 2026-05-20; filing date: 2026-05-22 (filed within typical 2-business-day window).
• Amount: 1,963 RSUs; reported acquisition price: $0.00 (derivative grant).
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnotes: F1 — each RSU converts to one share upon vesting. F2 — 100% of the RSUs vest on the earlier of May 1, 2027 or the date immediately preceding the next annual meeting, provided the Reporting Person continues as a Director.
• Transaction type: Award/Grant (A); derivative securities (RSUs).

Context
RSU grants are a common form of director and executive compensation and reflect future entitlement to company stock contingent on continued service and vesting conditions; they do not represent an immediate cash purchase or sale by the insider. Because this is a compensation award (not a market purchase), it should not be read as a direct personal investment signal.