M-tron Industries, Inc.·4

Apr 16, 8:48 AM ET

Biles Linda M 4

4 · M-tron Industries, Inc. · Filed Apr 16, 2026

Research Summary

AI-generated summary of this filing

Updated

M-tron (MPTI) EVP Finance Linda Biles Sells Shares

What Happened

  • Linda M. Biles, Executive Vice President — Finance of M-tron Industries (MPTI), reported disposals on 2026-04-14 totaling 3,420 shares: 720 common shares (open market/private sale) and 2,700 derivative shares. All dispositions are reported at $0.00 per share (total proceeds $0). The transactions are reported as sales (S), not purchases.

Key Details

  • Transaction dates: 2026-04-14.
  • Reported prices/proceeds: $0.00 per share; total reported proceeds $0.
  • Breakdown: 720 common shares (open market/private sale) + 2,700 derivative shares (disposed).
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Footnotes of note:
    • F1: Option vesting schedule cited (30% 4/4/2026; 30% 4/4/2027; 40% 4/4/2028).
    • F2: Rights offering detail — holders received subscription rights on 3/30/2026 (5 rights to buy 1 share at $59).
  • Timeliness: Filing marked late. Late filings can affect transparency and are noted by investors and regulators.

Context

  • The derivative disposition is reported separately from the common-share disposal and the filing includes an option-vesting footnote (F1). The Form 4 as provided does not specify the exact mechanism (e.g., cashless exercise, transfer, or corporate action) that produced the $0 reported proceeds. No speculation on motive is made; sales are commonly routine but are relevant to monitor for insider trends.

Insider Transaction Report

Form 4
Period: 2026-04-14
Biles Linda M
Executive VP - Finance
Transactions
  • Sale

    Common Stock

    2026-04-1472028,682 total
  • Sale

    Subscription Rights (right to purchase)

    [F2]
    2026-04-142,70024,643 total
    Exercise: $59.00From: 2026-03-31Exp: 2026-04-20Common Stock (540 underlying)
Holdings
  • Stock Option (right to buy)

    [F1]
    Exercise: $40.32From: 2026-04-04Exp: 2030-04-04Common Stock (10,000 underlying)
    10,000
Footnotes (2)
  • [F1]Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
  • [F2]On March 30, 2026, holders of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), received one subscription right (the "Rights") for each share of Common Stock held by such holder as of March 27, 2026. When exercisable, five (5) Rights will entitle their holder to purchase one share of Common Stock at an exercise price of $59.00 per share.
Signature
/s/ Linda M. Biles|2026-04-15

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4