MXL Form 4: CFO Sells 102,157 Shares at ~$17.28
Steven G. Litchfield, Chief Financial Officer and Chief Corporate Strategy Officer of MaxLinear, Inc. (MXL), reported two dispositions on August 26, 2025.
Rhea-AI Filing Summary
Steven G. Litchfield, Chief Financial Officer and Chief Corporate Strategy Officer of MaxLinear, Inc. (MXL), reported two dispositions on August 26, 2025. The filing shows sale of 100,880 shares at a weighted-average price of $17.2779 (range $17.16–$17.43) and an additional sale of 1,277 shares at $17.325. After these transactions the reporting person beneficially owned 312,203 shares (the filing lists 313,480 after the larger sale and 312,203 after the second sale). The report was signed by an attorney-in-fact on August 27, 2025.
Positive
- None.
Negative
- Insider dispositions: Reporting Person sold a total of 102,157 shares on 08/26/2025 at ~$17.28 per share.
- Senior officer selling: The seller is the companys CFO and Chief Corporate Strategy Officer, which investors typically note when assessing insider activity.
Insights
TL;DR: Insider executed routine dispositions totaling 102,157 shares at about $17.28 each; this is a disclosure of insider selling, not new corporate action.
The Form 4 discloses two dispositions by the companys CFO/Chief Corporate Strategy Officer on August 26, 2025: 100,880 shares at a weighted-average $17.2779 and 1,277 shares at $17.325. The filer reports beneficial ownership levels following each sale (313,480 then 312,203). There are no derivative transactions or additional compensatory grants disclosed. From an investor-information standpoint, this is a required transparency filing showing insider liquidity activity; it does not by itself indicate change in company fundamentals.
TL;DR: Required Section 16 disclosure of insider sales by a senior officer; material by transparency standards but not a corporate governance event.
The report identifies the reporting persons roles and provides pricing details including the weighted-average price and range for the larger block. The filing includes an explicit offer to provide the per-price breakdown on request. No amendments, plans (e.g., Rule 10b5-1) or related-party transactions are stated. This is a routine disclosure under Section 16; governance implications are limited absent other context.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100,880 | $17.2779 | $1.74M |
| Sale | Common Stock | 1,277 | $17.325 | $22K |
Footnotes (1)
- F1. Represents the weighted average share price of an aggregate total of 100,880 shares sold in the price range of $17.16 to $17.43 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
FAQ
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What did Steven G. Litchfield report on Form 4 for MXL?
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Does the Form 4 show any option exercises or derivative transactions?
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