[Form 4] MAXLINEAR, INC Insider Trading Activity
Rhea-AI Filing Summary
MAXLINEAR, INC officer Steven G. Litchfield reported a series of equity award and vesting transactions in company stock and restricted stock units. On February 20, 2026, he acquired 3,074 and 26,241 shares through restricted stock unit conversions, and 29,315 shares of Common Stock through a derivative exercise.
He also received Common Stock grants of 25,978 shares tied to the 2025 performance period under the executive bonus plan and 19,441 shares upon achievement of 2025 performance conditions, all under the 2010 Equity Incentive Plan. To cover tax obligations, 42,532 shares of Common Stock were disposed of at $18.47 per share, recorded as a tax-withholding transaction rather than an open-market sale.
In addition, on February 18, 2026, Litchfield was granted 58,234 restricted stock units, each representing one share of Common Stock. These RSUs vest over multiple years, with specified tranches scheduled to vest between February 20, 2027 and May 20, 2029, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,074 | $0.00 | -- |
| Exercise | Restricted Stock Units | 26,241 | $0.00 | -- |
| Grant/Award | Common Stock | 25,978 | $0.00 | -- |
| Grant/Award | Common Stock | 19,441 | $0.00 | -- |
| Exercise | Common Stock | 29,315 | $0.00 | -- |
| Tax Withholding | Common Stock | 42,532 | $18.47 | $786K |
| Grant/Award | Restricted Stock Units | 58,234 | $0.00 | -- |
Footnotes (1)
- Represents shares of Common Stock issued to the Reporting Person for the 2025 performance period under the Company's Executive Incentive Bonus Plan (the "Bonus Plan"). All shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. Grant amounts were determined based on the award amount earned under the Bonus Plan and the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 20, 2026. Represents shares of Common Stock issued to the Reporting Person in connection with the achievement of financial performance conditions for the 2025 fiscal year that were approved as part of the 2025 performance-based restricted stock award granted on August 4, 2025. All shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the RSUs subject to the award will vest on May 20, 2027, and one-third (1/3rd) of the RSUs subject to the award will vest annually on each May 20 thereafter, such that the award will be fully vested on May 20, 2029. Subject to the Reporting Person's continuous status as a Service Provider (as defined in the 2010 Equity Incentive Plan) on each applicable vesting date, twenty five percent (25%) of the 30,697 RSUs subject to the award vested on February 20, 2025, and twenty five percent (25%) of the RSUs subject to the award vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2028. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the 195,822 RSUs subject to the award vested on February 20, 2025, and one-third (1/3rd) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2027.
