MaxLinear (MXL) holder plans $20.36M sale of common stock via Goldman Sachs
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.
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Key Figures
Proposed shares to be sold: 240,000 shares
Aggregate market value: $20,361,600
Shares outstanding: 90,693,191 shares
+2 more
5 metrics
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
Key Terms
aggregate market value, Seendripu Family Trust, outstanding, broker
4 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.