MaxLinear (MXL) director Daniel Artusi awarded 1,963 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARTUSI DANIEL A reported acquisition or exercise transactions in this Form 4 filing.
MaxLinear director Daniel A. Artusi received a new equity award in the form of restricted stock units. On May 20, 2026, he was granted 1,963 RSUs, each representing a contingent right to receive one share of MaxLinear common stock. Following this grant, his reported derivative holdings from this filing consist of these 1,963 RSUs.
The award will vest 100% on the earlier of May 1, 2027 or the date immediately preceding MaxLinear’s next annual meeting of stockholders, provided he continues to serve as a Director under the company’s 2010 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ARTUSI DANIEL A
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 RSUs
Underlying common shares: 1,963 shares
Strike/conversion price: $0.00 per share
+2 more
5 metrics
RSUs granted
1,963 RSUs
Grant on May 20, 2026
Underlying common shares
1,963 shares
Each RSU equals one share of common stock
Strike/conversion price
$0.00 per share
RSU grant has no purchase price
Holdings after transaction
1,963 RSUs
Total derivative holdings reported after grant
Vesting date trigger
May 1, 2027
Earlier of May 1, 2027 or pre-next annual meeting
Key Terms
Restricted Stock Units, RSU, 2010 Equity Incentive Plan, vest
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
"as a Director (as defined in the 2010 Equity Incentive Plan) through such date"
vest financial
"100% of the RSUs subject to the award will vest on the earlier to occur of May 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did MaxLinear (MXL) director Daniel Artusi report in this Form 4?
Daniel A. Artusi reported receiving a grant of 1,963 restricted stock units. These RSUs are a form of equity compensation that can convert into 1,963 shares of MaxLinear common stock if the vesting conditions are met.
How many restricted stock units did Daniel Artusi receive from MaxLinear (MXL)?
He received 1,963 restricted stock units. Each RSU represents a contingent right to one share of MaxLinear common stock, giving him potential future ownership if the units vest according to the plan’s conditions.
When do Daniel Artusi’s MaxLinear (MXL) RSUs vest?
The RSUs will vest 100% on the earlier of May 1, 2027 or the date immediately preceding MaxLinear’s next annual meeting. Vesting also depends on his continued service as a Director under the 2010 Equity Incentive Plan.
What does each MaxLinear (MXL) restricted stock unit granted to Daniel Artusi represent?
Each RSU represents a contingent right to receive one share of MaxLinear common stock. The shares are not issued immediately; they are delivered only if the vesting conditions under the company’s equity incentive plan are satisfied.
Is Daniel Artusi’s MaxLinear (MXL) RSU award an open-market purchase or sale?
No, this is not an open-market transaction. The Form 4 shows an "A" code, meaning the 1,963 RSUs were granted as a compensation award rather than bought or sold on the stock market.