M-tron (MPTI) EVP Finance Linda Biles Receives Award of 1,565 Shares

What Happened
Linda M. Biles, Executive Vice President — Finance of M-tron Industries, was granted 1,565 shares on 2026-03-19 as an award/acquisition (Form 4 code A). The reported per-share price is $0.00 (award), so the immediate cash value reported is $0. The award includes both restricted stock and stock-option components with specified vesting schedules in the filing footnotes.

Key Details

• Transaction date: 2026-03-19 (Filed 2026-08-05 — late filing).
• Reported transaction: Grant/award of 1,565 shares at $0.00 (code A).
• Vesting of restricted shares (Footnote F1): 470 shares vest 3/19/2027; 470 shares vest 3/19/2028; 625 shares vest 3/19/2028.
• Vesting of stock options (Footnote F2): 30% on 4/4/2026, 30% on 4/4/2027, 40% on 4/4/2028.
• Shares owned after transaction: Not disclosed in the summary details provided.
• Timeliness: The Form 4 was filed on Aug 5, 2026 for a Mar 19, 2026 grant, indicating a late filing (may be annotated as L).

Context

• This was an equity award (not an open-market purchase or sale). Awards at $0 are common for restricted stock or option grants and reflect compensation rather than a cash purchase.
• The award is subject to multi-year vesting; no immediate sale or exercise was reported. For option components, vesting dates are later and do not indicate an exercise or cashless transaction at grant.
• For retail investors: granted awards signal management compensation alignment with shareholder interests over time, but do not by themselves indicate a near-term trading signal.