Mueller Industries CEO Christopher Gregory Receives Award; 206K Withheld

What Happened
Christopher Gregory L., Chairman of the Board and CEO of Mueller Industries (MLI), was granted 270,000 shares (award) on 2026-07-30 at $0.00 per share. To cover tax obligations on the award, 205,972 shares were withheld/disposed at an implied value of $66.57 per share, totaling $13,711,556. Net shares remaining from this award: 64,028 shares (270,000 − 205,972). This was an award/grant and a tax-withholding transaction, not an open-market sale.

Key Details

• Transaction dates: grant and withholding both dated 2026-07-30; Form 4 filed 2026-07-31 (timely).
• Award: 270,000 shares acquired (code A) at $0.00.
• Tax withholding: 205,972 shares disposed (code F) at $66.57 per share; total value withheld ≈ $13,711,556.
• Net shares retained from award: 64,028 shares.
• Footnote: These shares will vest on 7/30/2026.
• Filing appears timely (no late filing indicator).

Context

• Code A indicates a grant/award (likely restricted stock or similar); the $0.00 per-share entry reflects the nature of the grant rather than a cash purchase.
• Code F denotes shares withheld to satisfy tax withholding obligations (a common administrative action), not an open-market sale signaling a change in sentiment.
• As always, awards and tax-withholdings are routine executive compensation mechanics and do not, by themselves, indicate the insider's view on the stock.