STOCK TITAN

MaxLinear (MXL) holder plans $20.36M sale of common stock via Goldman Sachs

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MaxLinear, Inc. (MXL) filed a notice of proposed sale of common stock. The filing lists 240,000 shares of common stock with an aggregate market value of $20,361,600, in relation to 90,693,191 shares outstanding, with Goldman Sachs & Co. LLC identified as the broker. The proposed sale relates to shares held by the Seendripu Family Trust dated 10/5/09, which were reported as acquired as a gift on 03/03/2022. The trust’s holdings include entries showing 120,000 shares of common stock, with no securities reported as sold during the past three months.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold 240,000 shares Common stock listed with Goldman Sachs & Co. LLC as broker
Aggregate market value $20,361,600 Value associated with 240,000 shares of common stock
Shares outstanding 90,693,191 shares Outstanding common shares referenced in the notice
Trust-related share entry 120,000 shares Common stock tied to Seendripu Family Trust acquired as a gift on 03/03/2022
Proposed sale date 08/14/2026 Date associated with the proposed sale of common stock
aggregate market value financial
"lists 240,000 shares with an aggregate market value of $20,361,600"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Seendripu Family Trust financial
"Acquired as a gift | Seendripu Family Trust dated 10/5/09"
outstanding financial
"in relation to 90,693,191 shares outstanding of common stock"
broker financial
"Goldman Sachs & Co. LLC identified as the broker"
A broker is a licensed professional or firm that helps investors buy and sell financial assets by executing trades on their behalf, acting like a marketplace agent or matchmaker between buyers and sellers. Brokers matter to investors because they provide access to markets, handle order execution and paperwork, and can offer research or advice—services that affect trade speed, costs, and the quality of investment decisions.

FAQ

What does MaxLinear (MXL)'s latest notice of proposed stock sale disclose?

MaxLinear’s filing discloses a proposed sale of 240,000 shares of common stock with an aggregate market value of $20,361,600. The sale involves shares associated with the Seendripu Family Trust and uses Goldman Sachs & Co. LLC as broker.

How many MaxLinear (MXL) shares are covered by the proposed sale?

The notice covers 240,000 shares of MaxLinear common stock. These shares are tied to the Seendripu Family Trust and are part of a registered intention to sell, not a confirmation that all shares have been sold.

What is the aggregate market value of MaxLinear (MXL) shares in this proposed sale?

The aggregate market value associated with the proposed sale is $20,361,600. This value corresponds to the 240,000 shares of MaxLinear common stock listed in the notice with Goldman Sachs & Co. LLC as broker.

How many MaxLinear (MXL) shares are reported as outstanding in the notice?

The notice states that 90,693,191 shares of MaxLinear common stock were outstanding. This figure is provided as contextual information for the proposed sale of 240,000 shares and does not represent new issuance.

Who is the beneficial holder linked to the MaxLinear (MXL) shares in this filing?

The shares are associated with the Seendripu Family Trust dated 10/5/09. The filing notes that the common stock was acquired as a gift on 03/03/2022, reflecting how the trust came to hold these shares.

Were any MaxLinear (MXL) shares sold by this holder in the past 3 months?

The filing indicates no securities sold during the past three months by the reporting holder. It is a notice of intention to sell, not a record of recent completed sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature