Reddy Jagadeesh A 4
4 · Mayville Engineering Company, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Mayville Engineering CEO Reddy Jagadeesh Sells 17,942 Shares
What Happened
Reddy Jagadeesh A, President, CEO and Director of Mayville Engineering Company, sold 17,942 shares in an open-market transaction on June 1, 2026. The weighted-average sale price was $30.00 (actual sale prices ranged $30.00–$30.01), for total proceeds of approximately $538,262. This was a sale (S) reported on a Form 4.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 2, 2026 (timely filing).
- Shares sold: 17,942; weighted-average price: $30.00; proceeds ≈ $538,262. (Prices actually received ranged $30.00–$30.01.) [F2]
- Reported as effected under a Rule 10b5-1 trading plan adopted December 12, 2025. [F1]
- Shares owned after transaction: not specified in the provided summary of the filing.
- Transaction code: S (sale).
- Other footnotes in the filing detail ESOP/401(k) balances and various RSU/option vesting schedules for the officer (F3–F7), but those are separate from this sale.
Context
Sales executed under a Rule 10b5-1 plan are pre-established trading arrangements that schedule transactions in advance; they are common for insiders and are not by themselves a direct signal of the insider’s current view. For retail investors, purchases usually carry more informational weight than routine, pre-planned sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-01$30.00/sh−17,942$538,262→ 140,445 total
- 2,300(indirect: By 401(k))
Common Stock
[F3] - 380(indirect: By Daughter)
Common Stock
- 36,317
Restricted Stock Units
[F4]Exercise: $0.00→ Common Shares (36,317 underlying) - 55,284
Restricted Stock Units
[F5]Exercise: $0.00→ Common Shares (55,284 underlying) - 74,986
Restricted Stock Units
[F6]Exercise: $0.00→ Common Shares (74,986 underlying) - 88,901
Stock Option (right to buy)
[F7]Exercise: $16.22→ Common Shares (88,901 underlying)
Footnotes (7)
- [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 $30.00 to $30.01. 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]Reflects the most recent ESOP and 401(k) balance.
- [F4]The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.
- [F5]The restricted stock units will vest 1/3 on each of March 15, 2026, 2027 and 2028.
- [F6]The restricted stock units will vest 1/3 on each of March 15, 2027, 2028 and 2029.
- [F7]The options will vest 50% on each of February 28, 2024 and February 28, 2025.