Weening Michael's Form 4 filing
Calix, Inc (CALX) · filed Nov 3, 2025
- Accession no.
- 0001678385-25-000013
- Filed
- Nov 3, 2025
- Trade date
- Oct 30-Nov 3, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $18.1M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Weening MichaelCIK 0001678385 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 30, 2025 | Common Stock | MOption exerciseAcquired | +200,000 | $7.84 | +$1,568,000 | 216,117 | Direct | |
| Oct 30, 2025 | Common Stock | SSaleDisposed | −150,000 | $64.63F1 | −$9,694,500 | 66,117 | Direct | |
| Oct 30, 2025 | Common Stock | SSaleDisposed | −50,000 | $67.55F2 | −$3,377,500 | 16,117 | Direct | |
| Nov 3, 2025 | Common Stock | MOption exerciseAcquired | +74,000 | $7.84 | +$580,160 | 90,117 | Direct | |
| Nov 3, 2025 | Common Stock | SSaleDisposed | −74,000 | $67.42F3 | −$4,989,080 | 16,117 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 30, 2025 | Common Stock | MOption exerciseDisposed | −200,000 | $0.00 | $0 | 74,000 | Direct | |
| Nov 3, 2025 | Common Stock | MOption exerciseDisposed | −74,000 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $64.55 to $65.00, inclusive. Full information on the number of shares sold at each sale price is available upon request.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $67.35 to $67.93, inclusive. Full information on the number of shares sold at each sale price is available upon request.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $66.245 to $69.450, inclusive. Full information on the number of shares sold at each sale price is available upon request.
Referenced by the price of 1 transaction in Table I.
Remarks
Sales reported on the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 28, 2025.