Sakys John 4

What Happened

• John Sakys, Chief Financial Officer of Mesa Laboratories (MLAB), exercised stock derivatives and received restricted stock units (RSUs) on June 18, 2026, and then sold shares on June 22, 2026.
• He exercised/converted two derivative tranches totaling 3,792 shares at an exercise price of $95.10 (total cash paid ≈ $360,620). He also received 2,282 RSUs valued at $95.10 each (≈ $217,018). Combined, 6,074 shares were acquired/issued with a notional value of about $577,638.
• On June 22, 2026 he sold 2,827 shares in an open‑market transaction at $89.50 per share for proceeds of $253,022. The filing notes the sale was executed under a 10b5‑1 plan to cover taxes related to the vesting of RSUs and PSUs.

Key Details

• Transaction dates/prices: June 18, 2026 (exercise/conversion and RSU award at $95.10); June 22, 2026 (open‑market sale at $89.50).
• Shares acquired: 3,792 via exercise (paid $95.10 each) + 2,282 RSUs (awarded) = 6,074 shares acquired/issued.
• Shares sold: 2,827 shares for $253,022; footnote F6 says sale was to cover taxes and executed under a 10b5‑1 plan.
• Derivative notation: two derivative entries show a $0.00 disposal — these reflect conversion/termination of the derivative instruments upon exercise.
• Ownership after transaction: not specified in the provided filing excerpt.
• Other footnotes: RSU/PSU vesting schedules noted (F2, F4, F5); 50 shares are held by his children for which he is custodian (F7).
• Filing timing: transactions occurred June 18–22 and the Form 4 was filed June 23, 2026. Form 4s are typically required within two business days of a transaction; the June 18 entries appear reported after that window.

Context

• The activity combines an option exercise (insider paid to convert derivatives into shares) plus grant vesting (RSUs/PSUs) and a contemporaneous sale to satisfy tax withholding — a common, non‑directional action.
• Sales executed under a 10b5‑1 plan to cover taxes are routine and do not necessarily indicate a view on company prospects.
• For retail investors, purchases/exercises show insider acquisition of shares, but because part of this was awards vesting and the sale was for tax withholding, the moves should be interpreted as administrative/compensation‑related rather than a clear bullish or bearish signal.