Mayville Engineering (MEC) SVP Sean Leuba Sells Shares

What Happened

Sean P. Leuba, Senior Vice President, General Counsel & Secretary of Mayville Engineering Company (MEC), reported an open-market sale of 12,855 shares on August 6, 2026. The shares were sold at a weighted average price of $25.44 per share for aggregate proceeds of approximately $327,031. This was a sale/disposition (code S) rather than a purchase.

Key Details

• Transaction date: 2026-08-06 (reported on Form 4 filed 2026-08-07).
• Price: weighted average $25.44; actual prices ranged from $25.26 to $25.46 (footnote F1).
• Shares sold: 12,855; proceeds ≈ $327,031.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes included: F1 (weighted-average price range). Additional footnotes (F2–F5) describe vesting schedules for restricted stock units and options held by the reporting person.
• Timeliness: Filing appears timely (transaction 8/6/2026, Form 4 filed 8/7/2026).

Context

• This was a sale (often routine for insiders to manage taxes or diversify) and does not by itself indicate company outlook. Purchases typically carry more interpretive weight for bullish signals.
• The filing also references RSU and option vesting schedules (F2–F5), indicating ongoing equity awards that may vest in future years.