Reddy Jagadeesh A 4

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.