Summit Partners entity tied to MACOM (MTSI) director sells 43,268 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MACOM Technology Solutions Holdings director-related entity sells shares. An entity associated with director Peter Y. Chung, Summit Partners, L.P., completed an open-market sale of 43,268 shares of MACOM common stock at a weighted average price of $378.1992 per share on May 14, 2026.
According to the disclosures, the remaining 6,781 shares and restricted stock units are held in Mr. Chung’s name for the benefit of Summit Partners, L.P., which, through its investment committee, has voting and dispositive authority and is entitled to the sale proceeds.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 43,268 shares ($16,363,923)
Net Sell
1 txn
Insider
CHUNG PETER Y
Role
null
Sold
43,268 shs ($16.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 43,268 | $378.1992 | $16.36M |
Holdings After Transaction:
Common Stock — 6,781 shares (Indirect, See Remarks)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $377.80 to $379.44. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The 6,781 shares and restricted stock units are held in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P. Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P. which he has empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales. Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Scott C. Collins and Peter Y. Chung, has voting and dispositive authority over the shares and restricted stock units reported herein and therefore may be deemed to beneficially own such shares. Summit Partners, L.P., Mr. Collins and Mr. Chung disclaim beneficial ownership of the shares of common stock and the restricted stock units, except to the extent of their pecuniary interest therein.
Key Figures
Shares sold: 43,268 shares
Weighted average sale price: $378.1992 per share
Sale price range: $377.80–$379.44 per share
+2 more
5 metrics
Shares sold
43,268 shares
Open-market sale of MACOM common stock on May 14, 2026
Weighted average sale price
$378.1992 per share
Average price for 43,268 MACOM shares sold
Sale price range
$377.80–$379.44 per share
Multiple transactions within this range
Shares and RSUs remaining
6,781 units
Held in Mr. Chung’s name for Summit Partners, L.P.
Net buy/sell direction
Net sale of 43,268 shares
TransactionSummary shows net-sell for this Form 4
Key Terms
weighted average price, restricted stock units, dispositive authority, beneficial ownership, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"The 6,781 shares and restricted stock units are held in the name of Mr. Chung"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dispositive authority financial
"has voting and dispositive authority over the shares and restricted stock units"
beneficial ownership financial
"may be deemed to beneficially own such shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaim beneficial ownership ... except to the extent of their pecuniary interest therein"
FAQ
What insider transaction did MACOM Technology Solutions (MTSI) report?
MACOM Technology Solutions reported an open-market sale of 43,268 common shares linked to director Peter Y. Chung. The sale was executed on May 14, 2026, at a weighted average price of $378.1992 per share, through an entity associated with Summit Partners, L.P.