MaxLinear (NASDAQ: MXL) director receives two new RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sennesael Kris reported acquisition or exercise transactions in this Form 4 filing.
MAXLINEAR, INC director Kris Sennesael received new equity awards in the form of restricted stock units (RSUs). On February 13, 2026, Sennesael was granted 2,052 RSUs and a separate award of 9,728 RSUs, each representing a right to receive one share of common stock.
The 2,052-unit award vests in full on the earlier of May 1, 2026 or the date immediately before the next annual stockholder meeting, provided Sennesael continues as a director. The 9,728-unit award vests in three equal annual installments on each anniversary of February 13, 2026, and will be fully vested on February 13, 2029, contingent on continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sennesael Kris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,052 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,728 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,052 shares (Direct)
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, 2026 or the date immediately preceding the next annual meeting of stockholders. Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan) through each such date, one-third (1/3rd) of the RSUs subject to the award shall vest on each anniversary of February 13, 2026, such that the award will be fully vested on February 13, 2029.
FAQ
What insider transactions did MAXLINEAR (MXL) report for Kris Sennesael?
MAXLINEAR reported two restricted stock unit grants to director Kris Sennesael on February 13, 2026. One award covers 2,052 RSUs and the other 9,728 RSUs, both giving rights to receive common stock if vesting conditions are met.
How many restricted stock units did Kris Sennesael acquire from MAXLINEAR (MXL)?
Kris Sennesael acquired 2,052 RSUs in one grant and 9,728 RSUs in a second grant. Each RSU represents a right to receive one share of MAXLINEAR common stock upon vesting, subject to continued service as a director.
What are the vesting terms for Kris Sennesael’s 2,052 MAXLINEAR RSUs?
The 2,052 RSUs vest 100% on the earlier of May 1, 2026 or the date immediately before MAXLINEAR’s next annual stockholder meeting, assuming Sennesael continues serving as a director under the company’s 2010 Equity Incentive Plan.
How do the 9,728 RSUs granted to Kris Sennesael at MAXLINEAR vest over time?
The 9,728 RSUs vest in three equal installments, with one-third vesting on each anniversary of February 13, 2026. The award becomes fully vested on February 13, 2029, provided Sennesael continues as a director throughout the vesting period.
Are the RSUs granted to Kris Sennesael at MAXLINEAR tied to his role as a director?
Yes. Both RSU awards require Sennesael’s continued service as a director for vesting. The footnotes reference the 2010 Equity Incentive Plan definition of “Director” and make vesting contingent on remaining in that role through the relevant vesting dates.