Reddy Jagadeesh A 4
4 · Mayville Engineering Company, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Mayville Engineering CEO Jagadeesh Reddy Sells 15,688 Shares
What Happened
Jagadeesh Reddy (President, CEO and Director) sold 15,688 shares of Mayville Engineering Company, Inc. in an open-market transaction on June 11, 2026. The transaction was reported at a weighted-average price of $35.05 per share, for a total proceeds of about $549,824. This was a sale (S), executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely).
- Shares sold: 15,688; weighted-average price: $35.05; reported total proceeds: ~$549,824.
- Reported price range: $35.00 to $35.28 (footnote: breakdown by price available on request) (F2).
- Transaction executed pursuant to a Rule 10b5-1 trading plan adopted 2025-12-12 (F1).
- Filing does not show the total shares owned after this sale in the provided excerpt — see the full Form 4 for post-transaction holdings and ESOP/401(k) balances (F3).
- Other footnotes in the filing reference outstanding RSU and option vesting schedules (F4–F7) but those items were not part of this reported sale.
Context
Sales made under a Rule 10b5-1 plan are pre-arranged and typically indicate routine disposition rather than a realtime trading decision based on nonpublic information. For retail investors, purchases are generally more informative than scheduled sales; this single reported sale does not by itself indicate management sentiment. See the complete Form 4 for full ownership details and any additional disclosures.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-11$35.05/sh−15,688$549,824→ 124,105 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 $35.28. 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.
- [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.