Biles Linda M 4

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.