HERMANSON TERRY 4
Research Summary
AI-generated summary
Mueller Industries (MLI) Director Terry Hermanson Gifts 13,500 Shares
What Happened
- Terry Hermanson, a director of Mueller Industries, reported a gift (transaction code G) of 13,500 common shares on February 26, 2026. The reported price per share is $0.00 and the total reported value is $0, consistent with a non‑cash gift disposition.
Key Details
- Transaction date: 2026-02-26
- Transaction type/code: Gift (G) — disposition of shares
- Shares disposed: 13,500
- Price reported: $0.00 per share; total reported value: $0
- Filing date / accession: Form 4 filed 2026-02-27 (Accession 0001258454-26-000002) — appears timely (filed one day after the transaction)
- Shares owned after transaction: Not disclosed in the provided filing
- Footnotes/notable items: No 10b5-1 plan, tax withholding, or other footnotes provided in the supplied data
Context
- Gifts are reported transactions but do not necessarily indicate the insider’s view of the company’s prospects; they can be for estate planning, charitable donations, or other personal reasons. This was a straight gift of shares (not an option exercise or sale), and no sale proceeds were reported.