Montrose Environmental Group, Inc.·4/A

Mar 11, 9:55 PM ET

Revuelta Jose 4/A

4/A · Montrose Environmental Group, Inc. · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

Montrose (MEG) CSO Jose Revuelta Exercises Options and Sells Shares

What Happened

  • Jose Revuelta, Chief Strategy Officer of Montrose Environmental Group (MEG), exercised stock option rights and immediately sold the resulting shares. On Mar 3, 2026 he exercised 60,000 shares at $6.03 ($361,800) and sold those 60,000 shares at a weighted average price of $28.00 for proceeds of $1,680,000. On Mar 4, 2026 he exercised 42,668 shares at $6.03 ($257,288) and sold those 42,668 shares at a weighted average price of $27.56 for proceeds of $1,175,930. Total exercised = 102,668 shares (cost $619,088); total sales proceeds ≈ $2,855,930 (net proceeds ≈ $2,236,842).

Key Details

  • Transaction dates: March 3, 2026 and March 4, 2026.
  • Exercise price: $6.03 per share for 102,668 shares (total cost $619,088).
  • Sale prices: weighted averages — Mar 3 sales ranged $28.00–$28.06 (reported as $28.00); Mar 4 sales ranged $27.50–$27.56 (reported as $27.56).
  • Shares sold: 60,000 (Mar 3) + 42,668 (Mar 4) = 102,668 shares; total proceeds ≈ $2.86M.
  • Filing status: This is an amended Form 4; the amendment corrects transaction codes and the Mar 3 sale price only. The amendment states no new transactions.
  • Vesting note: Footnote indicates original option vesting (50% vested June 9, 2017; 50% June 9, 2019).
  • Shares owned after transaction: not specified in the provided excerpt of this filing.

Context

  • These entries show an option exercise (derivative conversion) followed by immediate open-market sales of the shares — commonly a cashless or sell-to-cover pattern (exercise + quick sale). The form shows the derivative rights were converted (derivative entries reported as disposed at $0), and the common shares sold in multiple transactions at the price ranges noted in footnotes.
  • The filing is factual and amended for reporting accuracy; it does not by itself indicate insider motivation.

Insider Transaction Report

Form 4/AAmended
Period: 2026-03-03
Revuelta Jose
Chief Strategy Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-03$6.03/sh+60,000$361,800329,828 total
  • Sale

    Common Stock

    [F1]
    2026-03-03$28.00/sh60,000$1,680,000269,282 total
  • Exercise/Conversion

    Common Stock

    2026-03-04$6.03/sh+42,668$257,288311,950 total
  • Sale

    Common Stock

    [F2]
    2026-03-04$27.56/sh42,668$1,175,930269,282 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F3]
    2026-03-0360,00077,875 total
    Exercise: $6.03Exp: 2026-06-23Common Stock (60,000 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F3]
    2026-03-0442,66835,207 total
    Exercise: $6.03Exp: 2026-06-23Common Stock (42,668 underlying)
Footnotes (3)
  • [F1]The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $28.00 to $28.06, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
  • [F2]The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $27.50 to $27.56, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
  • [F3]50% of the shares subject to the option vested on June 9, 2017 and the remaining 50% vested on June 9, 2019.
Signature
/s/ Nasym Afsari, Attorney in Fact|2026-03-11

Documents

1 file
  • 4
    ownership.xml

    4/A