[Form 4] CALIX, INC. Insider Trading Activity
Cory Sindelar, Calix CFO, reported acquiring 270 shares of Calix common stock under the company's ESPP on 08/14/2025 at an effective purchase price of $33.6855 per share. The purchase was made under the Amended and Restated Employee Stock Purchase Plan for the February 15, 2025 through August 14, 2025 offering period and was priced at 85% of the closing price on the first trading day of that period. After the ESPP purchase, Sindelar beneficially owned 76,555 shares. The filing notes the transaction is exempt under Rule 16b-3(c).
Cory Sindelar, CFO di Calix, ha comunicato l'acquisto di 270 azioni ordinarie Calix tramite il piano ESPP della societ脿 in data 14/08/2025, a un prezzo effettivo di acquisto di $33,6855 per azione. L'operazione 猫 stata effettuata nell'ambito dell'Amended and Restated Employee Stock Purchase Plan relativo al periodo di offerta dal 15 febbraio 2025 al 14 agosto 2025 ed 猫 stata calcolata al 85% del prezzo di chiusura del primo giorno di negoziazione di quel periodo. Dopo l'acquisto tramite l'ESPP, Sindelar risultava titolare beneficiario di 76.555 azioni. La comunicazione specifica che la transazione rientra nell'esenzione prevista dalla Rule 16b-3(c).
Cory Sindelar, director financiero de Calix, inform贸 la adquisici贸n de 270 acciones ordinarias de Calix bajo el ESPP de la compa帽铆a el 14/08/2025, a un precio efectivo de compra de $33.6855 por acci贸n. La compra se realiz贸 conforme al Amended and Restated Employee Stock Purchase Plan para el periodo de oferta del 15 de febrero de 2025 al 14 de agosto de 2025 y se fij贸 al 85% del precio de cierre del primer d铆a de cotizaci贸n de ese periodo. Tras la compra por el ESPP, Sindelar pose铆a de forma beneficiaria 76.555 acciones. La presentaci贸n indica que la operaci贸n est谩 exenta seg煤n la Rule 16b-3(c).
Calix鞚� CFO 旖旊Μ 鞁犽嵏霛�(Cory Sindelar)電� 2025雲� 8鞗� 14鞚� 須岇偓鞚� ESPP毳� 韱淀暣 Calix 氤错喌欤� 270欤茧ゼ 欤茧嫻 鞁れ 甑Г臧� $33.6855鞐� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞚� 毵れ垬電� 2025雲� 2鞗� 15鞚茧秬韯� 2025雲� 8鞗� 14鞚缄箤歆�鞚� 鞝滉车 旮瓣皠鞐� 雽�頃� Amended and Restated Employee Stock Purchase Plan鞐� 霐半澕 鞚措（鞏挫鞙茧┌, 頃措嫻 旮瓣皠 觳� 瓯半灅鞚� 膦呹皜鞚� 85%搿� 臧�瓴╈澊 毂呾爼霅橃棃鞀惦媹雼�. ESPP 毵れ垬 鞚错泟 鞁犽嵏霛茧姅 鞁れ鞝侅溂搿� 齑� 76,555欤茧ゼ 氤挫湢頃橁矊 霅橃棃鞀惦媹雼�. 鞝滌稖 靹滊電� 鞚� 瓯半灅臧� Rule 16b-3(c)鞐� 霐半ジ 氅挫牅 雽�靸侅瀯鞚� 氇呾嫓頃橁碃 鞛堨姷雼堧嫟.
Cory Sindelar, directeur financier de Calix, a d茅clar茅 l'acquisition de 270 actions ordinaires Calix dans le cadre du plan ESPP de la soci茅t茅 le 14/08/2025, au prix effectif d'achat de 33,6855 $ par action. L'achat a 茅t茅 r茅alis茅 conform茅ment 脿 l'Amended and Restated Employee Stock Purchase Plan pour la p茅riode d'offre du 15 f茅vrier 2025 au 14 ao没t 2025 et a 茅t茅 fix茅 脿 85 % du cours de cl么ture du premier jour de cotation de cette p茅riode. Apr猫s l'achat via l'ESPP, Sindelar d茅tenait de fa莽on b茅n茅ficiaire 76 555 actions. le d茅p么t pr茅cise que la transaction est exon茅r茅e en vertu de la Rule 16b-3(c).
Cory Sindelar, CFO von Calix, meldete den Erwerb von 270 St眉ck Calix-Stammaktien im Rahmen des ESPP der Gesellschaft am 14.08.2025 zu einem effektiven Kaufpreis von $33,6855 je Aktie. Der Kauf erfolgte gem盲脽 dem Amended and Restated Employee Stock Purchase Plan f眉r den Angebotszeitraum vom 15. Februar 2025 bis zum 14. August 2025 und wurde mit 85 % des Schlusskurses am ersten Handelstag dieses Zeitraums festgelegt. Nach dem ESPP-Kauf hielt Sindelar wirtschaftlich 76.555 Aktien. Die Meldung weist darauf hin, dass die Transaktion unter Rule 16b-3(c) ausgenommen ist.
- None.
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Insights
TL;DR: Insider participation via ESPP shows alignment but the single purchase of 270 shares is immaterial to valuation.
The CFO's acquisition under the ESPP demonstrates routine executive participation in a company compensation program and aligns management interests with shareholders. The disclosed 270-share purchase at $33.6855 increases insider holdings to 76,555 shares, but the absolute size of the transaction is small relative to typical market-cap and outstanding share counts for public companies. The filing cites Rule 16b-3(c) exemption, indicating this is a planned, pre-approved purchase rather than opportunistic trading.
TL;DR: Transaction reflects standard ESPP mechanics and compliance; no governance concerns evident from this Form 4.
The Form 4 discloses a standard ESPP purchase priced at the plan discount (85% of the first-trading-day close). The reporting includes required details: transaction code, number of shares acquired, post-transaction beneficial ownership, and an attorney-in-fact signature. There is no indication of atypical timing, insider trading issues, or significant leadership change. From a governance perspective, this is routine and compliant disclosure of an employee purchase.
Cory Sindelar, CFO di Calix, ha comunicato l'acquisto di 270 azioni ordinarie Calix tramite il piano ESPP della societ脿 in data 14/08/2025, a un prezzo effettivo di acquisto di $33,6855 per azione. L'operazione 猫 stata effettuata nell'ambito dell'Amended and Restated Employee Stock Purchase Plan relativo al periodo di offerta dal 15 febbraio 2025 al 14 agosto 2025 ed 猫 stata calcolata al 85% del prezzo di chiusura del primo giorno di negoziazione di quel periodo. Dopo l'acquisto tramite l'ESPP, Sindelar risultava titolare beneficiario di 76.555 azioni. La comunicazione specifica che la transazione rientra nell'esenzione prevista dalla Rule 16b-3(c).
Cory Sindelar, director financiero de Calix, inform贸 la adquisici贸n de 270 acciones ordinarias de Calix bajo el ESPP de la compa帽铆a el 14/08/2025, a un precio efectivo de compra de $33.6855 por acci贸n. La compra se realiz贸 conforme al Amended and Restated Employee Stock Purchase Plan para el periodo de oferta del 15 de febrero de 2025 al 14 de agosto de 2025 y se fij贸 al 85% del precio de cierre del primer d铆a de cotizaci贸n de ese periodo. Tras la compra por el ESPP, Sindelar pose铆a de forma beneficiaria 76.555 acciones. La presentaci贸n indica que la operaci贸n est谩 exenta seg煤n la Rule 16b-3(c).
Calix鞚� CFO 旖旊Μ 鞁犽嵏霛�(Cory Sindelar)電� 2025雲� 8鞗� 14鞚� 須岇偓鞚� ESPP毳� 韱淀暣 Calix 氤错喌欤� 270欤茧ゼ 欤茧嫻 鞁れ 甑Г臧� $33.6855鞐� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞚� 毵れ垬電� 2025雲� 2鞗� 15鞚茧秬韯� 2025雲� 8鞗� 14鞚缄箤歆�鞚� 鞝滉车 旮瓣皠鞐� 雽�頃� Amended and Restated Employee Stock Purchase Plan鞐� 霐半澕 鞚措（鞏挫鞙茧┌, 頃措嫻 旮瓣皠 觳� 瓯半灅鞚� 膦呹皜鞚� 85%搿� 臧�瓴╈澊 毂呾爼霅橃棃鞀惦媹雼�. ESPP 毵れ垬 鞚错泟 鞁犽嵏霛茧姅 鞁れ鞝侅溂搿� 齑� 76,555欤茧ゼ 氤挫湢頃橁矊 霅橃棃鞀惦媹雼�. 鞝滌稖 靹滊電� 鞚� 瓯半灅臧� Rule 16b-3(c)鞐� 霐半ジ 氅挫牅 雽�靸侅瀯鞚� 氇呾嫓頃橁碃 鞛堨姷雼堧嫟.
Cory Sindelar, directeur financier de Calix, a d茅clar茅 l'acquisition de 270 actions ordinaires Calix dans le cadre du plan ESPP de la soci茅t茅 le 14/08/2025, au prix effectif d'achat de 33,6855 $ par action. L'achat a 茅t茅 r茅alis茅 conform茅ment 脿 l'Amended and Restated Employee Stock Purchase Plan pour la p茅riode d'offre du 15 f茅vrier 2025 au 14 ao没t 2025 et a 茅t茅 fix茅 脿 85 % du cours de cl么ture du premier jour de cotation de cette p茅riode. Apr猫s l'achat via l'ESPP, Sindelar d茅tenait de fa莽on b茅n茅ficiaire 76 555 actions. le d茅p么t pr茅cise que la transaction est exon茅r茅e en vertu de la Rule 16b-3(c).
Cory Sindelar, CFO von Calix, meldete den Erwerb von 270 St眉ck Calix-Stammaktien im Rahmen des ESPP der Gesellschaft am 14.08.2025 zu einem effektiven Kaufpreis von $33,6855 je Aktie. Der Kauf erfolgte gem盲脽 dem Amended and Restated Employee Stock Purchase Plan f眉r den Angebotszeitraum vom 15. Februar 2025 bis zum 14. August 2025 und wurde mit 85 % des Schlusskurses am ersten Handelstag dieses Zeitraums festgelegt. Nach dem ESPP-Kauf hielt Sindelar wirtschaftlich 76.555 Aktien. Die Meldung weist darauf hin, dass die Transaktion unter Rule 16b-3(c) ausgenommen ist.
