Drafts William Arnold 4

What Happened

• William Arnold Drafts, President of M-tron Industries (ticker: MPTI), disposed of 361 shares on May 4, 2026 in an open market/private sale at $66.78 per share, for proceeds of roughly $24,108. The filing notes the sale was to satisfy tax withholding related to restricted stock that vested April 30, 2026.

Key Details

• Transaction date and price: May 4, 2026 — 361 shares sold at $66.78 each.
• Total proceeds: approximately $24,108.
• Reason/footnote: Sold to satisfy tax withholding obligations tied to the vesting of 1,214 restricted shares on April 30, 2026 (Footnote F1).
• Other footnote: Stock options have a vesting schedule noted in the filing (30% on 4/4/2026; 30% on 4/4/2027; 40% on 4/4/2028) (Footnote F2).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Filing timeliness: Form 4 was filed on May 6, 2026 for a May 4 transaction — appears to be filed within the normal 2‑business‑day reporting window.

Context

• This appears to be a routine "sell-to-cover" (tax withholding) tied to restricted stock vesting, not an independent open‑market sell driven by trading conviction. Such sales are common when insiders satisfy tax obligations on vested awards and do not necessarily indicate a change in sentiment about the company.