Arteaga Ivan 4
4 · M-tron Industries, Inc. · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
M-tron (MPTI) Director Ivan Arteaga Exercises Subscription Rights
What Happened
Ivan Arteaga, a director of M-tron Industries, exercised subscription rights (an in‑the‑money derivative) to acquire a total of 1,068 shares of M-tron common stock. The Form 4 shows three transactions: 174 shares acquired on 2026-04-10 at $59.00 each ($10,266), 870 shares recorded on 2026-04-13 as a derivative line with $0 cash shown, and 24 shares acquired on 2026-04-27 at $59.00 each ($1,416). Cash paid for the transactions with a listed exercise price totals $11,682.
Key Details
- Transaction dates and prices:
- 2026-04-10: 174 shares @ $59.00 — $10,266 paid.
- 2026-04-13: 870 shares recorded as derivative @ $0.00 (see footnotes).
- 2026-04-27: 24 shares @ $59.00 — $1,416 paid.
- Total shares acquired: 1,068 shares; total cash paid for lines showing price: $11,682.
- Footnotes: On March 30, 2026 the company issued subscription rights (one Right per share held as of March 27). Five Rights entitle the holder to buy one share at $59.00; an Over‑Subscription Privilege allowed holders to acquire additional shares if other holders did not exercise fully. The filing indicates some shares were purchased pursuant to that Over‑Subscription Privilege.
- Shares owned after the transactions: not disclosed in the provided excerpt.
- Timeliness: The Form 4 was filed on 2026-04-29. Some transactions (e.g., 4/10 and 4/13) were reported well after the SEC’s typical two‑business‑day window for Form 4s, so those earlier trades appear to have been reported late.
Context
- These were exercises of subscription rights issued to existing shareholders (not open‑market buys or sales). Rights exercises convert the right to buy new shares at a set price into actual shares; purchases at $59 were paid in cash. The 870 shares shown at $0 in the filing are tied to the rights/derivative reporting and the company’s footnotes (including over‑subscription results).
- For retail investors: purchases by insiders can be informative, but exercises of issued subscription rights are often routine when rights are distributed to holders. The late reporting of some transactions is a filing/timeliness issue to note.
Insider Transaction Report
Form 4
Arteaga Ivan
Director
Transactions
- Exercise of In-Money
Common Stock
[F1]2026-04-10$59.00/sh+174$10,266→ 1,289 total - Exercise of In-Money
Common Stock
[F2]2026-04-27$59.00/sh+24$1,416→ 1,313 total - Exercise of In-Money
Subscription Rights (right to purchase)
[F1]2026-04-13+870→ 245 totalExercise: $59.00From: 2026-03-31Exp: 2026-04-20→ Common Stock (174 underlying)
Footnotes (2)
- [F1]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. Each Rightsholder who was a stockholder of record could also elect to purchase additional shares of Common Stock at the subscription price if other Rightsholders did not fully exercise their Rights and the Rightsholders exercised in full their basic Rights (the "Over-Subscription Privilege").
- [F2]The shares shown in this line are the additional shares purchased pursuant to the Over-Subscription Privilege.
Signature
/s/ Ivan Arteaga|2026-04-29