FMR LLC filed a Schedule 13G reporting a passive ownership stake in MaxLinear Inc. common stock. FMR LLC and related entities beneficially own 5,474,232.11 shares, representing 6.3% of MaxLinear’s outstanding common stock as of 12/31/2025.
Abigail P. Johnson is listed as a reporting person with sole dispositive power over the same 5,474,232.11 shares. Within this total, Fidelity Small Cap Value Fund holds 4,586,449.00 shares, or 5.2% of MaxLinear’s common stock. The filing certifies the shares are held in the ordinary course of business and not for the purpose of changing or influencing control.
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Insights
FMR reports a 6.3% passive stake in MaxLinear.
FMR LLC and affiliates disclose beneficial ownership of 5,474,232.11 MaxLinear common shares, or 6.3% of the class as of 12/31/2025. The filing uses Schedule 13G, which is typically for passive, non-control-seeking positions.
Within this total, Fidelity Small Cap Value Fund holds 4,586,449.00 shares, or 5.2% of outstanding stock. The filing states the securities were acquired and are held in the ordinary course of business and not with the purpose or effect of changing or influencing control.
The certification and use of Schedule 13G indicate a passive investment posture based on the information provided. Future ownership changes, if any, would normally appear in updated beneficial ownership reports or other company filings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MAXLINEAR INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
57776J100
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
57776J100
1
Names of Reporting Persons
FMR LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
5,466,713.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
5,474,232.11
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,474,232.11
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
57776J100
1
Names of Reporting Persons
Abigail P. Johnson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
5,474,232.11
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,474,232.11
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.3 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MAXLINEAR INC
(b)
Address of issuer's principal executive offices:
5966 La Place Ct. ,Carlsbad,CA,USA,92008
Item 2.
(a)
Name of person filing:
FMR LLC
(b)
Address or principal business office or, if none, residence:
245 Summer Street, Boston, Massachusetts 02210
(c)
Citizenship:
Not applicable
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP No.:
57776J100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
5474232.11
(b)
Percent of class:
6.3 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
5474232.11
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of MAXLINEAR INC. The interest of Fidelity Small Cap Value Fund, in the COMMON STOCK of MAXLINEAR INC, amounted to 4586449.00 shares or 5.2% of the total outstanding COMMON STOCK at 12/31/2025.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
FMR LLC
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:
02/04/2026
Abigail P. Johnson
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:
02/04/2026
Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
What stake in MaxLinear Inc. (MXL) does FMR LLC report on this Schedule 13G?
FMR LLC reports beneficial ownership of 5,474,232.11 MaxLinear common shares, representing 6.3% of the outstanding class as of December 31, 2025. This reflects a significant institutional position disclosed under passive ownership rules.
How much MaxLinear (MXL) stock does Fidelity Small Cap Value Fund hold?
Fidelity Small Cap Value Fund’s interest in MaxLinear common stock is 4,586,449.00 shares, equal to 5.2% of the total outstanding common stock at 12/31/2025. This fund-level stake is part of the larger position reported by FMR LLC.
Is FMR LLC’s MaxLinear (MXL) position reported as passive or active?
The position is reported on a Schedule 13G, and the certification states the securities were acquired and are held in the ordinary course of business, not for changing or influencing control, indicating a passive investment posture under the disclosure rules.
What voting and dispositive power does FMR LLC report over MaxLinear (MXL) shares?
FMR LLC reports sole voting power over 5,466,713.00 shares and sole dispositive power over 5,474,232.11 shares, with no shared voting or dispositive power. These figures describe how the firm can vote and dispose of its MaxLinear holdings.
What role does Abigail P. Johnson have in the MaxLinear (MXL) ownership disclosure?
Abigail P. Johnson is a separate reporting person, showing sole dispositive power over 5,474,232.11 MaxLinear shares and no voting power. Her relationship is documented through a power of attorney authorizing signing on her behalf for this ownership report.
What does the Schedule 13G filing say about others benefiting from MaxLinear (MXL) shares?
The filing states one or more other persons have the right to receive or direct dividends and sale proceeds for the reported shares. It specifically notes Fidelity Small Cap Value Fund’s 4,586,449.00-share interest, exceeding 5% of MaxLinear’s outstanding common stock.
