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Signature
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/s/ Tom Gemetti as Attorney-in-Fact for Michael Weening
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Issuer symbol
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CALX
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Transactions as of
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04 Sep 2025
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Net transactions value
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-$1,251,840
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Form type
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4
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Filing time
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08 Sep 2025, 16:08:44 UTC
Reporting Owners (1)
| Name |
Relationship |
Address |
Signature |
Signature date |
CIK |
| Weening Michael |
President & CEO, Director |
C/O CALIX, INC., 3155 OLSEN DRIVE, SUITE 450, SAN JOSE |
/s/ Tom Gemetti as Attorney-in-Fact for Michael Weening |
08 Sep 2025 |
0001678385 |
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
(CALX) |
Common Stock |
Options Exercise |
$188,160 |
+24,000 |
+149% |
$7.84 |
40,117 |
04 Sep 2025 |
Direct |
|
| transaction |
(CALX) |
Common Stock |
Sale |
$1,440,000 |
-24,000 |
-60% |
$60.00 |
16,117 |
04 Sep 2025 |
Direct |
|
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Underlying Class |
Amount |
Exercise Price |
Ownership |
Footnotes |
| transaction |
(CALX) |
Stock Option (right to buy) |
Options Exercise |
$0 |
-24,000 |
-5.1% |
$0.000000 |
450,000 |
04 Sep 2025 |
Common Stock |
24,000 |
$7.84 |
Direct |
F1 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses:
Remarks:
Sales reported on the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 28, 2025.