DECKER THOMAS H 4
4 · MEXCO ENERGY CORP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
MEXCO Director Thomas Decker Sells 5,000 Shares
What Happened Thomas H. Decker, a director of MEXCO Energy Corp. (MXC), sold a total of 5,000 shares in two open-market transactions on March 5, 2026. He disposed of 2,500 shares at $13.45 each (proceeds $33,625) and 2,500 shares at $14.70 each (proceeds $36,750), for combined gross proceeds of $70,375. These were outright sales (code S) rather than purchases or option exercises.
Key Details
- Transaction dates: March 5, 2026 (two separate sales).
- Prices and quantities: 2,500 shares @ $13.45; 2,500 shares @ $14.70.
- Total proceeds: $70,375.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Plan/footnotes: No 10b5‑1 plan, tax-withholding, or other special footnotes were indicated in the information supplied.
- Filing timeliness: Report filed on March 9, 2026. This filing date is within the typical 2-business-day Form 4 deadline for a March 5 transaction, so it appears timely.
Context Sales by directors are common and can reflect routine liquidity needs or portfolio management; a sale alone is not proof of company outlook. This report documents open-market sales (transaction code S) rather than purchases or option activity. Retail investors should view this as factual insider activity but not draw strong conclusions about company fundamentals from these sales alone.
Insider Transaction Report
- Sale
MXC COMMON STOCK
2026-03-05$13.45/sh−2,500$33,625→ 20,900 total - Sale
MXC COMMON STOCK
2026-03-05$14.70/sh−2,500$36,750→ 18,400 total
- 10,173(indirect: By Spouse)
MXC COMMON STOCK