MaxLinear (MXL) director receives grant of 1,963 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tewksbury Ted L III reported acquisition or exercise transactions in this Form 4 filing.
MAXLINEAR, INC reported that director Ted L. Tewksbury III received a grant of 1,963 Restricted Stock Units. Each RSU represents a contingent right to receive one share of MaxLinear common stock. The RSUs will vest 100% on the earlier of May 1, 2027 or the date immediately preceding the next annual meeting of stockholders, as long as he continues serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tewksbury Ted L III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,963 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,963 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan) through such date, one hundred percent (100%) of the RSUs subject to the award will vest on the earlier to occur of May 1, 2027 or the date immediately preceding the next annual meeting of stockholders.
Key Figures
RSUs granted: 1,963 units
RSU price per unit: $0.00
Underlying shares: 1,963 shares
+2 more
5 metrics
RSUs granted
1,963 units
Restricted Stock Units granted to director on May 20, 2026
RSU price per unit
$0.00
Transaction price per RSU in the grant
Underlying shares
1,963 shares
Common stock underlying the RSU award
Holdings after grant
1,963 RSUs
Total derivative securities following the transaction
Vesting date
May 1, 2027
Earlier of May 1, 2027 or date before next annual meeting
Key Terms
Restricted Stock Units, RSU, 2010 Equity Incentive Plan, annual meeting of stockholders
4 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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
2010 Equity Incentive Plan financial
"Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan)"
annual meeting of stockholders financial
"on the earlier to occur of May 1, 2027 or the date immediately preceding the next annual meeting of stockholders"
FAQ
What insider transaction did MaxLinear (MXL) disclose for Ted L. Tewksbury III?
MaxLinear disclosed that director Ted L. Tewksbury III received a grant of 1,963 Restricted Stock Units. These units are a form of equity compensation that can convert into common shares if specified vesting conditions are satisfied over time.
How many Restricted Stock Units were granted to the MaxLinear (MXL) director?
The director was granted 1,963 Restricted Stock Units. Each RSU represents a contingent right to receive one share of MaxLinear common stock, providing potential future ownership rather than an immediate cash transaction or open-market stock purchase.
What are the vesting terms of the MaxLinear (MXL) RSU award?
All 1,963 RSUs will vest 100% on the earlier of May 1, 2027 or the date immediately preceding MaxLinear’s next annual stockholder meeting. Vesting is conditioned on Ted L. Tewksbury III continuing to serve as a director through that vesting date.
Does the MaxLinear (MXL) RSU grant involve an exercise or purchase price?
The RSU grant shows a transaction price and conversion price of $0.00 per unit. RSUs are typically awarded as compensation, providing shares upon vesting without an additional exercise payment, rather than representing an open-market purchase of stock.
How many derivative securities does the MaxLinear (MXL) director hold after this RSU grant?
After the grant, the Form 4 reports 1,963 Restricted Stock Units for Ted L. Tewksbury III. Each RSU corresponds to one share of common stock that may be delivered in the future if the vesting and service conditions are fully met.