Revuelta Jose 4
Research Summary
AI-generated summary
Montrose Environmental (MEG) CSO Jose Revuelta Exercises Options, Sells Shares
What Happened
- Jose Revuelta, Chief Strategy Officer of Montrose Environmental Group (MEG), exercised options and immediately sold the resulting shares on March 9, 2026. He exercised 7,858 option shares at $6.03/share (cost ~$47,384) and sold 7,858 common shares in an open-market transaction at $27.00/share, generating gross proceeds of about $212,166. The filing also records the derivative disposal at $0, indicating the options were exercised and the underlying shares were sold (cashless/close‑out style).
Key Details
- Transaction date: March 9, 2026.
- Exercise: 7,858 shares exercised at $6.03 each (total exercise cost ≈ $47,384).
- Sale: 7,858 shares sold at $27.00 each (gross proceeds ≈ $212,166).
- Derivative entry: 7,858 option shares marked disposed at $0 (reflects exercise/settlement of the option).
- Vesting note: 50% of the option vested June 9, 2017 and the remaining 50% vested June 9, 2019 (footnote).
- Shares owned after the transaction: not reported in the supplied data.
- Filing: Reported on March 11, 2026 for a March 9 transaction — appears to be filed within the normal Form 4 reporting window (not marked late).
Context
- This was an exercise followed by an immediate sale (cashless exercise/close-out), a common way insiders realize value from vested options; such sales are often routine and do not necessarily signal a change in view on the company. No 10b5-1 plan, tax-withholding, or gift notation was provided in the supplied details.