Reddy Jagadeesh A 4

4 · Mayville Engineering Company, Inc. · Filed May 11, 2026

AI-generated summary of this filing

Updated May 12, 2026

Mayville Engineering (MEC) CEO Jagadeesh Reddy Sells 21,796 Shares

What Happened

Jagadeesh A. Reddy, President & CEO and Director of Mayville Engineering Company, sold a total of 21,796 shares in two open‑market transactions on May 7, 2026, generating total proceeds of $565,064.
- 10,332 shares sold at a weighted average price of $25.72 (actual prices ranged $25.00–$25.99) for $265,739.
- 11,464 shares sold at a weighted average price of $26.11 (actual prices ranged $26.00–$26.28) for $299,325.
These were sales (not purchases), which are generally routine insider liquidity events rather than a direct bullish signal.

Key Details

Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (filed within the standard two business‑day reporting window).
Total shares sold: 21,796; total proceeds: $565,064.
Notable footnotes:
- Transaction effected under a Rule 10b5‑1 trading plan adopted Dec 12, 2025 (prearranged plan).
- Reported prices are weighted averages; detailed per‑price breakdowns available from the company or SEC staff on request.
Shares owned after the transaction are not disclosed in the excerpt provided.

Context

Sales under a 10b5‑1 plan are preplanned and help avoid timing questions; they do not necessarily reflect the insider’s current view of the company’s prospects.
For retail investors, purchases by insiders tend to be more informative about confidence than routine sales; this filing documents a planned liquidity event by the CEO.

Form 4

Period: 2026-05-07

DirectorPresident & CEO

Transactions

Holdings

Common Stock
[F4]
(indirect: By 401(k))
2,300
Common Stock
(indirect: By Daughter)
380
Restricted Stock Units
[F5]
Exercise: $0.00→ Common Shares (36,317 underlying)
36,317
Restricted Stock Units
[F6]
Exercise: $0.00→ Common Shares (55,284 underlying)
55,284
Restricted Stock Units
[F7]
Exercise: $0.00→ Common Shares (74,986 underlying)
74,986
Stock Option (right to buy)
[F8]
Exercise: $16.22→ Common Shares (88,901 underlying)
88,901

Footnotes (8)

[F1]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025.
[F2]The price in Column 4 is a weighted average price. The prices actually received ranged from $25.00 to $25.99. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
[F3]The price in Column 4 is a weighted average price. The prices actually received ranged from $26.00 to $26.28. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
[F4]Reflects the most recent ESOP and 401(k) balance.
[F5]The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.
[F6]The restricted stock units will vest 1/3 on each of March 15, 2026, 2027 and 2028.
[F7]The restricted stock units will vest 1/3 on each of March 15, 2027, 2028 and 2029.
[F8]The options will vest 50% on each of February 28, 2024 and February 28, 2025.

Signature

/s/ Garrett F. Bishop, Attorney-in-Fact for Jagadeesh A. Reddy|2026-05-11

1 file