Reddy Jagadeesh A 4
4 · Mayville Engineering Company, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Mayville Engineering (MEC) CEO Reddy Jagadeesh A Sells 1,300 Shares
What Happened
Reddy Jagadeesh A, President & CEO and a director of Mayville Engineering Company (MEC), disposed of 1,300 shares on June 8, 2026. The filing reports a weighted-average sale price of $35.01 (range $35.00–$35.02) for a reported total transaction value of $45,510. The sale was effected under a Rule 10b5-1 trading plan.
Key Details
- Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (filed within the usual two-business-day window).
- Transaction type: Sale (code S), listed as "open market or private sale"; effected pursuant to a Rule 10b5-1 plan adopted Dec 12, 2025 (Footnote F1).
- Price: Weighted average $35.01; actual prices ranged $35.00–$35.02 (Footnote F2). The filer can provide a per-price breakdown on request.
- Reported proceeds: $45,510 (per Form 4).
- Post-transaction holdings: Not specified in the items provided in this summary (see the Form 4 for full holdings disclosure).
- Additional notes in the filing: references to ESOP/401(k) balance and vesting schedules for restricted stock units and options (Footnotes F3–F7).
Context
Sales executed under prearranged Rule 10b5-1 plans are routine and set in advance; they do not necessarily signal a change in the insider’s view of the company. This Form 4 also includes standard notes about RSU/option vesting and plan balances; consult the full filing for complete holdings and award details.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-08$35.01/sh−1,300$45,510→ 139,793 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 $35.00 to $35.02. 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.