MaxLinear (MXL) director receives 2,052 shares as RSUs fully vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MaxLinear, Inc. director Kris Sennesael acquired 2,052 shares of Common Stock through RSU vesting. On May 1, 2026, 100% of a Restricted Stock Unit award vested, and each RSU converted into one share of MaxLinear Common Stock. Following this transaction, Sennesael directly holds 2,052 Common shares. The filing shows a routine compensation-related RSU vesting and derivative exercise with no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,052 shares exercised/converted
Mixed
2 txns
Insider
Sennesael Kris
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,052 | $0.00 | -- |
| Exercise | Common Stock | 2,052 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 2,052 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. One hundred percent (100%) of the RSUs subject to the award vested on May 1, 2026.
Key Figures
Shares acquired via RSU vesting: 2,052 shares
RSUs converted: 2,052 units
Shares held after transaction: 2,052 shares
+1 more
4 metrics
Shares acquired via RSU vesting
2,052 shares
Common Stock received May 1, 2026
RSUs converted
2,052 units
Restricted Stock Units converted into Common Stock
Shares held after transaction
2,052 shares
Total direct Common Stock holdings following transaction
Vesting date
May 1, 2026
100% of RSUs under the award vested
Key Terms
Restricted Stock Units, contingent right, derivative security
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of MaxLinear, Inc. Common Stock"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did MaxLinear (MXL) director Kris Sennesael report?
Kris Sennesael reported acquiring 2,052 shares of MaxLinear Common Stock when Restricted Stock Units vested on May 1, 2026. The RSUs converted into an equal number of shares as part of routine equity compensation, with no open-market purchase or sale involved.
What happened to the 2,052 Restricted Stock Units reported for MaxLinear (MXL)?
The 2,052 Restricted Stock Units fully vested on May 1, 2026, and each RSU converted into one share of MaxLinear Common Stock. Following this exercise, no RSUs from that award remained outstanding, and the director’s position shifted entirely into Common Stock holdings.
Does this MaxLinear (MXL) Form 4 show any stock sales or purchases?
The Form 4 does not show any open-market stock sales or purchases. It records an RSU vesting event where 2,052 Restricted Stock Units converted into 2,052 shares of MaxLinear Common Stock as equity compensation, leaving the director with 2,052 directly held shares.
How are Restricted Stock Units described in this MaxLinear (MXL) filing?
The filing states each Restricted Stock Unit represents a contingent right to receive one share of MaxLinear Common Stock. In this case, 100% of the RSUs under the award vested on May 1, 2026, triggering delivery of an equal number of Common shares to the director.