BAY MOGENS C 4

What Happened

• Mogens C. Bay, a director of Valmont Industries, sold a total of 17,500 shares in open-market transactions on April 24, 2026, generating total proceeds of approximately $8,615,948. The sales were reported in five lots: 5,000 @ $494.07; 7,550 @ $491.48; 2,000 @ $490.00; 1,500 @ $492.45; and 1,450 @ $493.96 (all values reported as weighted averages).
• On April 27, 2026, the filing also reports an acquisition coded “A” of 341 shares (an award/grant) reported with $0 purchase price (restricted stock unit award—see footnote).

Key Details

• Dates: Sales executed April 24, 2026; award reported April 27, 2026; Form 4 filed April 28, 2026.
• Sales total: 17,500 shares for ~$8,615,948. Award: 341 shares reported as acquired at $0.
• Price details / footnotes: Weighted-average prices reported. Footnote F1: sales in that lot occurred at individual prices ranging $494.00–$494.24. F2: another lot sold across $491.01–$491.685. F3: the 341-share entry is a restricted stock unit award that vests on the anniversary of the grant and will be settled in shares when it vests.
• Other: “POA attached” indicates a power-of-attorney was used for the filing. The filing date is Apr 28 for Apr 24 transactions; the filing does not include a late-filing flag in the data provided.

Context

• These transactions were primarily sales (S = sale); sales are common for insiders for various reasons and do not by themselves indicate company outlook. The acquisition entry (A) is an RSU award that vests later and will convert to shares on vesting per the footnote.