Biles Linda M 4

What Happened

• Linda M. Biles, Executive Vice President – Finance of M-tron Industries (MPTI), had 617 shares withheld on August 11, 2025 to satisfy tax withholding related to the vesting of 2,700 restricted shares (no cash exchanged). On April 2, 2026 she was reported as acquiring (award) 2,059 shares at $0.00 (restricted stock grant), total value reported $0.
• Both transactions are non-cash: the August action (code F) is tax withholding by the issuer, and the April action (code A) is a grant/award of restricted shares.

Key Details

• Transaction dates and prices:
  • 2025-08-11: 617 shares withheld to satisfy tax obligations; price $0.00; reported as disposition (F).
  • 2026-04-02: 2,059 shares awarded/acquired; price $0.00; reported as acquisition (A).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes:
  • F1: The 617 shares were withheld to cover taxes from the vesting of 2,700 restricted shares that vested on 8/9/2025.
  • F2: The 2,059 restricted shares granted on 4/2/2026 vest 1,029 shares on 4/30/2026 and 1,030 shares on 4/30/2027.
  • F3: Separate stock options held by the insider vest 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
• Timeliness: The Aug 11, 2025 withholding was reported late (filed with this Form 4 on 2026-04-07, ~8 months later). The April 2, 2026 award was filed shortly after the grant (filed 2026-04-07).

Context

• Tax-withholding (F) is a routine administrative step when restricted stock vests and does not reflect an open-market sale. The award (A) is restricted stock subject to future vesting, which may limit immediate market impact until vesting conditions are met.
• These are insider compensation-related actions (awards and withholding), not open-market purchases or sales that typically signal near-term trading sentiment.