Mueller Industries (MLI) CEO Christopher Gregory Receives Award

What Happened
Christopher Gregory L., Chairman of the Board & CEO (Director) of Mueller Industries, received a grant of 125,000 performance‑based restricted shares reported on 2026-08-05. The shares were reported as acquired at $0.00 per share (no cash paid). The award is tied to a three‑year adjusted EBITDA performance period and vests on July 30, 2029.

Key Details

• Transaction date and filing date: August 5, 2026 (Form 4 filed same day).
• Transaction type: Award/Grant (code A); 125,000 shares @ $0.00 (reported value $0).
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes: F1 — performance‑based restricted stock may pay out between 0% and 200% of the target based on adjusted EBITDA for the period Dec 28, 2025–Dec 30, 2028; vesting date July 30, 2029. F2–F6 — the company effected a 2‑for‑1 stock split (stock dividend) on June 30, 2026, issuing additional shares to reporting persons.
• Timeliness: Filed on the transaction date; no late filing indicated.

Context
This is a compensation grant, not an open‑market purchase or sale. Because the award is performance‑based, the final payout could be less than, equal to, or greater than the 125,000 target (0%–200% range). No immediate cash changed hands; the actual shares (if any) will vest subject to performance and the July 30, 2029 vesting date.