MaxLinear (NASDAQ: MXL) director exercises RSUs and sells 6,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MaxLinear director Carolyn Beaver reported an RSU vesting and partial share sale. On May 1, 2026, 15,741 restricted stock units converted into the same number of MaxLinear common shares, following 100% vesting of the award on that date.
On May 4, 2026, she completed an open‑market sale of 6,000 common shares at a weighted average price of $76.9578 per share, with individual trades between $76.95 and $77.03. After these transactions, Beaver directly holds 33,316 MaxLinear shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,000 shares ($461,747)
Net Sell
3 txns
Insider
BEAVER CAROLYN
Role
null
Sold
6,000 shs ($462K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $76.9578 | $462K |
| Exercise | Restricted Stock Units | 15,741 | $0.00 | -- |
| Exercise | Common Stock | 15,741 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,316 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
- Represents the weighted average share price of an aggregate total of 6,000 shares sold in the price range of $76.95 to $77.03 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. 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 sold: 6,000 shares
Average sale price: $76.9578 per share
RSUs converted: 15,741 units/shares
+2 more
5 metrics
Shares sold
6,000 shares
Open-market sale on May 4, 2026
Average sale price
$76.9578 per share
Weighted average price for 6,000 shares sold
RSUs converted
15,741 units/shares
RSUs vested and converted on May 1, 2026
Shares held after transactions
33,316 shares
Direct ownership after RSU vesting and sale
RSU vesting percentage
100% of award
RSUs under this award vested on May 1, 2026
Key Terms
restricted stock unit ("RSU"), weighted average share price, open-market sale
3 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did MaxLinear (MXL) director Carolyn Beaver report?
Director Carolyn Beaver reported an RSU vesting and a related share sale. 15,741 restricted stock units converted into common stock on May 1, 2026, and she sold 6,000 common shares on May 4, 2026 in open‑market transactions.
What happened to Carolyn Beaver’s restricted stock units in MaxLinear (MXL)?
All of Beaver’s RSUs in this award vested on May 1, 2026. Each restricted stock unit represented a contingent right to receive one MaxLinear common share, so 15,741 RSUs converted into 15,741 common shares, eliminating the remaining balance for that RSU award.