Director at MACOM (NASDAQ: MTSI) receives grant of 776 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MACOM Technology Solutions Holdings, Inc. director Bryan Ingram received an equity grant in the form of 776 shares of Common Stock as restricted stock units under the company’s 2021 Omnibus Incentive Plan. Each RSU converts into one share and vests in full on March 6, 2027, if he remains in continuous service. Following this grant, he holds 1,747 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ingram Bryan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 776 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,747 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MACOM (MTSI) director Bryan Ingram report?
Director Bryan Ingram reported receiving a grant of 776 restricted stock units of MACOM common stock. These were awarded as compensation and not bought in the open market, and increase his direct holdings to 1,747 shares after the transaction.
Is the Bryan Ingram Form 4 for MACOM (MTSI) a stock purchase or a grant?
The Form 4 reflects a grant/award acquisition, not an open-market stock purchase. Ingram received 776 restricted stock units at a price of $0.0000 per share under MACOM’s 2021 Omnibus Incentive Plan as part of his director compensation package.
When do Bryan Ingram’s 776 MACOM (MTSI) restricted stock units vest?
The 776 restricted stock units vest in full on March 6, 2027. Vesting is contingent on Bryan Ingram remaining in continuous service with MACOM through that vesting date, meaning the award is designed to encourage long-term board service and retention.
What are restricted stock units (RSUs) in the MACOM (MTSI) Form 4 filing?
The filing describes RSUs as awards where each unit equals one share of MACOM common stock. These units do not settle immediately; instead, they convert into actual shares when vesting conditions are met, including continued service through March 6, 2027.
Under which equity plan were Bryan Ingram’s MACOM (MTSI) RSUs granted?
The 776 restricted stock units were granted under MACOM’s 2021 Omnibus Incentive Plan. This plan allows the company to award equity-based compensation such as RSUs to directors and employees to align their interests with shareholders over the long term.