GLADSTEIN GARY S 4
Research Summary
AI-generated summary
Mueller Industries (MLI) Director Gary Gladstein Receives Award
What Happened
- Gary S. Gladstein, a director of Mueller Industries (MLI), was granted/received 1,222 shares on May 8, 2026. The filing reports the shares at $0.00 per share (total reported value $0), indicating the shares were issued as an award rather than an open‑market purchase.
Key Details
- Transaction date: 2026-05-08
- Transaction type/code: Award/Grant (Code A)
- Shares acquired: 1,222; Price reported: $0.00; Reported total value: $0
- Filing date (Form 4): 2026-05-11 — filed within the usual two business‑day window
- Shares owned after the transaction: not specified in the provided filing excerpt
- No footnotes (e.g., 10b5-1, tax withholding) were provided in the excerpt
Context
- Awards recorded at $0 typically reflect equity compensation (e.g., restricted shares or RSUs) granted to directors as part of pay, rather than a market purchase that might signal personal bullishness.
- Such grants are common for board compensation and should be viewed as routine corporate compensation rather than a direct market sentiment indicator.