Mueller Industries (MLI) CFO Jeffrey Martin Receives Award, Withholds Shares

What Happened Jeffrey Andrew Martin (EVP, Chief Financial Officer & Treasurer) received a grant/award of 72,000 shares on 2026-07-30 (transaction code A). To satisfy the related tax withholding obligation (transaction code F), 57,791 shares were surrendered/disposed at $66.57 per share, totaling $3,847,147. The award line shows $0.00 per share (no cash purchase).

Key Details

• Transaction date: 2026-07-30; Award: 72,000 shares at $0.00; Withholding: 57,791 shares disposed at $66.57 (total $3,847,147).
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: "These shares will vest on 7/30/2026."
• Filing: Form 4 filed 2026-07-31 (appears timely); transaction codes: A = award/grant, F = tax withholding.

Context This appears to be an equity award (likely restricted stock/RSUs) that vested and triggered a tax withholding where shares are surrendered to cover taxes — a routine non-market sale, not an open-market disposition. Such withholdings are common and do not by themselves indicate the insider is selling additional shares for investment reasons.