Mueller Industries (MLI) EVP/CFO Martin Jeffrey Andrew Receives Award

What Happened

• Martin Jeffrey Andrew, EVP, CFO & Treasurer of Mueller Industries (MLI), was granted 34,000 shares as a performance-based restricted stock award on 2026-08-05. The grant is recorded at $0 (no cash paid at grant).

Key Details

• Transaction date: 2026-08-05; Transaction code: A (award/acquisition)
• Shares granted: 34,000; Price per share at grant: $0; total reported value at grant: $0
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote F1: These are performance-based restricted shares that may vest between 0% and 200% of the target amount based on Mueller’s adjusted EBITDA performance for the three-year period from 12/28/2025 through 12/30/2028; vesting date is 07/30/2029.
• Footnote F2: On 06/30/2026 Mueller effected a 2-for-1 stock split; the reporting person received an additional 305,358 shares as a result.
• Filing timeliness: Reported on 2026-08-05 for a transaction dated 2026-08-05 (no late filing indicated).

Context

• This is an awarded, performance-based grant (not an open-market purchase or sale). The final number of shares that vest could be higher or lower (0–200% of target) depending on future performance; no immediate cash changed hands at grant.