Drafts William Arnold 4

What Happened

• William Arnold Drafts, President of M-tron Industries, was granted 2,428 restricted shares (transaction code A — award/grant) on 2026-04-02. The shares were reported as acquired at $0.00 (total reported value $0).
• This was a compensation grant (not an open-market purchase or sale). Restricted shares typically vest over time and are subject to transfer restrictions until vested.

Key Details

• Transaction date: 2026-04-02; Filing date: 2026-04-07 (Form 4 accession 0001437749-26-011622).
• Price: $0.00 per share; Shares acquired: 2,428.
• Vesting for these restricted shares (Footnote F1): 1,214 shares vest on 4/30/2026 and 1,214 shares vest on 4/30/2027.
• Additional footnote (F2) notes outstanding stock options with a separate vesting schedule: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
• Shares owned after the transaction: not specified in the provided filing. Transaction code A = Award/Grant.
• Timeliness: The filing was submitted on 2026-04-07 for a 2026-04-02 transaction, which appears to be after the standard 2-business-day reporting window for Form 4 filings.

Context

• Restricted-share grants are common executive compensation and do not necessarily signal a personal purchase or sale decision; they vest over the schedule above and are typically nontransferable until vested.
• The filing does not indicate a cashless exercise or immediate sale of shares — this was a grant of restricted stock.