MaxLinear officer exercises 1,110 RSUs, covers taxes
MAXLINEAR, INC (MXL) reported that officer Connie H. Kwong exercised restricted stock units and had shares withheld in connection with that event.
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Form Type
4
Rhea-AI Filing Summary
MAXLINEAR, INC (MXL) reported that officer Connie H. Kwong exercised restricted stock units and had shares withheld in connection with that event. On August 31, 2026, 1,110 RSUs were converted into 1,110 shares of Common Stock, and 1,110 shares were delivered or withheld for payment of exercise price or tax liability at $59.91 per share. The RSUs stem from an award of 8,506 RSUs that vests 25% annually each August 20, fully vesting on August 20, 2026.
Insider Trade Summary
1,110 shares exercised/converted
Exercise
3 txns
Insider
Kwong Connie H.
Role
Corporate Controller & PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,110 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,110 | -- | -- |
| Exercise Price or Tax Liability | Common Stock F2 | 1,110 | $59.91 | $67K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 19,372 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
- F2. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2026. On August 31, 2026, the deferred shares of Common Stock were delivered to the Reporting Person. The closing price of the Issuer's Common Stock on August 31, 2026 was the settlement price used to calculate the shares withheld.
- F3. Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, twenty five percent (25%) of the 8,506 RSUs subject to the award vested on August 20, 2023, and twenty five percent (25%) of the RSUs subject to the award vests annually on each August 20 thereafter, such that the award will be fully vested on August 20, 2026.
Key Figures
RSUs converted: 1,110 shares
Common Stock acquired from RSUs: 1,110 shares
Shares delivered/withheld: 1,110 shares
+3 more
6 metrics
RSUs converted
1,110 shares
Restricted Stock Units converted into Common Stock on August 31, 2026
Common Stock acquired from RSUs
1,110 shares
Shares of Common Stock received upon RSU conversion on August 31, 2026
Shares delivered/withheld
1,110 shares
Shares delivered or withheld for payment of exercise price or tax liability
Settlement price per share
$59.91 per share
Closing price on August 31, 2026 used to calculate shares withheld
Total RSUs in award
8,506 RSUs
Underlying RSU award vesting 25% annually each August 20 through 2026
Vesting percentage per year
25%
Portion of the 8,506 RSUs vesting on each annual August 20 date
Key Terms
Restricted Stock Units, Service Provider, Equity Incentive Plan, vesting
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right"
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.
Service Provider financial
"Subject to the Reporting Person's continuing to be a Service Provider"
Equity Incentive Plan financial
"as defined in the 2010 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"twenty five percent (25%) of the 8,506 RSUs subject to the award vested"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MXL report for Connie H. Kwong on this Form 4?
The filing reports that Connie H. Kwong exercised 1,110 restricted stock units into 1,110 shares of Common Stock on August 31, 2026, with all 1,110 shares delivered or withheld to cover exercise price or tax liability.
How many MaxLinear (MXL) RSUs did Connie H. Kwong convert, and into what?
Connie H. Kwong converted 1,110 restricted stock units into 1,110 shares of MaxLinear Common Stock on August 31, 2026. Each RSU represents a contingent right to receive one share of Common Stock.
What is the vesting schedule of Connie H. Kwong’s 8,506 MXL RSU award?
The 8,506 RSUs vest 25% on August 20, 2023, and 25% annually on each August 20 thereafter, subject to continued service, so that the award becomes fully vested on August 20, 2026.
Was Connie H. Kwong’s MXL Form 4 transaction under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not affirmatively marked for this filing, and the footnotes do not state that the transactions were executed pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What is Connie H. Kwong’s role at MaxLinear (MXL) according to this Form 4?
Connie H. Kwong is identified as an officer of MaxLinear, Inc., serving as Corporate Controller & Principal Accounting Officer, and is the reporting person for the RSU exercise and related share withholding transactions disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
