Director John Ritchie granted 776 RSUs at MACOM Technology Solutions (MTSI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ritchie John reported acquisition or exercise transactions in this Form 4 filing.
MACOM Technology Solutions director John Ritchie received an equity award in the form of restricted stock units. He was granted 776 RSUs, each representing one share of common stock, at no purchase price. The RSUs vest in full on March 6, 2027, if he remains in continuous service. Following this grant, he directly holds 9,466 shares, including this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ritchie John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 776 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,466 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MACOM Technology Solutions (MTSI) report for John Ritchie?
MACOM reported that director John Ritchie received an equity grant of 776 restricted stock units. These RSUs are a form of stock-based compensation, not an open-market purchase or sale, and increase his total direct holdings to 9,466 shares of common stock.
When do John Ritchie’s MACOM (MTSI) RSUs vest and what is the condition?
The RSUs vest in full on March 6, 2027. Vesting is contingent on John Ritchie remaining in continuous service with MACOM through that date, aligning the award with his long-term tenure and ongoing role at the company.
Was cash paid for John Ritchie’s MACOM (MTSI) RSU grant?
No cash was paid for the RSU grant; the reported price per share is 0.0000. This indicates the award is compensation under MACOM’s 2021 Omnibus Incentive Plan rather than a transaction where the director bought shares on the open market.
What incentive plan governs John Ritchie’s RSU award at MACOM (MTSI)?
The RSU grant was made under MACOM’s 2021 Omnibus Incentive Plan. This plan allows the company to grant equity-based awards like restricted stock units to align directors’ and employees’ compensation with the company’s long-term performance and shareholder interests.