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Mayville Engineering SEC Filings

MEC NYSE

Mayville Engineering Company filings document the reporting obligations of a NYSE-listed manufacturer whose common stock trades under the symbol MEC. Form 8-K disclosures include quarterly and annual results releases, material definitive agreements and capital-structure matters tied to the company's credit arrangements.

Proxy and shareholder-meeting filings cover director elections, auditor ratification, advisory executive-compensation votes, board committee matters and named executive compensation. The filings also identify the company's registered common stock, governance framework and formal shareholder voting results.

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Mayville Engineering Company, Inc. senior vice president, general counsel and secretary Sean P. Leuba reported a bona fide gift of 1,015 shares of common stock on May 8, 2026. After the gift, he directly holds 19,488 common shares.

He also holds a stock option linked to 21,552 common shares at an exercise price of $16.22 per share, expiring February 28, 2033. In addition, he has multiple restricted stock unit awards covering 13,498, 9,292 and 7,263 underlying shares of common stock, which vest in equal annual installments on specified March 15 vesting dates from 2025 through 2029.

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Mayville Engineering Company, Inc. President & CEO Jagadeesh A. Reddy reported open-market sales of company stock. On May 7, 2026, he sold 11,464 common shares at a weighted average price of $26.11 and 10,332 shares at a weighted average price of $25.72, totaling 21,796 shares. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025. After the reported sales, one line in the filing shows direct ownership of 158,387 common shares, alongside stock options and restricted stock units that may convert into additional shares over time.

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Mayville Engineering Company, Inc. reported first‑quarter 2026 net sales of $144.8 million, up 6.8% year over year, but swung to a net loss of $8.2 million versus breakeven a year earlier. Earnings were pressured by restructuring and impairment charges, higher amortization from the Accu‑Fab acquisition, and significantly higher interest expense on additional borrowings.

Manufacturing margin fell to 7.6% of net sales from 11.3%, reflecting project launch costs in the datacenter & critical power end market and softer demand in commercial vehicles. EBITDA declined to $3.1 million and Adjusted EBITDA to $6.5 million, while free cash flow was negative $6.9 million due to weaker operating cash flow and higher capital expenditures.

The company ended the quarter with $2.1 million in cash and $212.4 million outstanding on its revolving credit facility, resulting in a consolidated leverage ratio of 4.40x, within the amended covenant limit of 5.25x. Management continues to execute a restructuring plan expected to incur total charges of $5.0–$7.0 million to consolidate facilities and optimize its footprint, while investing to support rapid growth in the datacenter & critical power segment.

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Mayville Engineering Company reported first quarter 2026 net sales of $144.8 million, up 6.8% year over year, but posted a net loss of $8.2 million, or ($0.40) per diluted share, versus breakeven a year ago. Profitability was pressured by Datacenter & Critical Power project launch costs, non-recurring restructuring, and softer Commercial Vehicle demand.

Adjusted EBITDA fell to $6.5 million, or 4.5% of net sales, from $12.2 million, or 9.0%. Datacenter & Critical Power sales surged to $23.6 million, up 470.2%, helped by the Accu-Fab acquisition, while Commercial Vehicle and Military end markets declined. Free cash flow was ($6.9) million, compared with $5.4 million.

The company ended March 31, 2026 with $219.2 million of net debt and a net debt to trailing twelve‑month Adjusted EBITDA ratio of 4.4x. For full-year 2026, MEC now targets net sales of $590–$620 million, Adjusted EBITDA of $52–$60 million, and free cash flow of $25–$35 million, assuming continued Datacenter & Critical Power growth and a full year of Accu-Fab.

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Mayville Engineering Company, Inc. director Tania Wingfield reported compensation-related equity activity. On April 21, 2026, she exercised 5,949 Director Restricted Stock Units into 5,949 shares of Common Stock, leaving her with 5,949 common shares held directly.

On the same date, she received a new grant of 5,959 Director Restricted Stock Units, each representing one share of Common Stock. According to the footnotes, the RSUs that were exercised had vested 100% one year from their grant date, while the newly granted RSUs will vest 100% at the earlier of one year or the next annual shareholder meeting. No open-market purchases or sales were reported in this filing.

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Schyvinck Christine M. reported acquisition or exercise transactions in this Form 4 filing.

Mayville Engineering Company, Inc. reported that board chair and director Christine M. Schyvinck received a grant of 5,959 Director Restricted Stock Units. These units relate to an equal number of shares of common stock and were awarded as compensation, with no cash paid per unit.

According to the disclosure, the restricted stock units will vest 100% at the earlier of one year or the next annual shareholder meeting. After this grant, Schyvinck holds 5,959 director restricted stock units directly, reflecting a routine equity-based compensation award rather than an open-market share purchase or sale.

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Mayville Engineering Company, Inc. director Jay O. Rothman reported updated equity holdings. He received a grant of 5,959 Director Deferred Stock Units, each tied to an equivalent number of common shares. These units are part of his director compensation and were acquired at a stated price of $0.00 per unit.

After this award, Rothman holds 71,451 Director Deferred Stock Units and 24,721 shares of common stock directly. According to the disclosure, the deferred balance includes vested restricted stock units (RSUs) that he chose to defer, which will be settled in shares when he retires or separates from the company.

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Mayville Engineering Company director Robert L. McCormick reported routine equity compensation activity. He exercised director restricted stock units covering 10,331 shares of Common Stock, resulting in direct ownership of 29,078 Common shares after the transaction.

On the same date, he received a grant of 5,959 Director Restricted Stock Units, each representing a right to receive one share of Common Stock. Footnotes state that some restricted stock units vest 100% one year from the grant date or at the earlier of one year or the next annual shareholder meeting.

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Kent Jennifer J. reported acquisition or exercise transactions in this Form 4 filing.

Mayville Engineering Company, Inc. director Jennifer J. Kent reported a compensation-related equity change. She received a grant of 5,959 Director Deferred Stock Units, each corresponding to one share of common stock, at a stated price of $0.0000 per unit.

These deferred units will be settled in common stock upon her retirement or separation from the company, and the balance includes vested RSUs that she has chosen to defer. After these updates, she holds 24,982 shares of common stock directly and 30,775 deferred stock units linked to common stock.

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FAQ

How many Mayville Engineering (MEC) SEC filings are available on StockTitan?

StockTitan tracks 48 SEC filings for Mayville Engineering (MEC), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for Mayville Engineering (MEC)?

The most recent SEC filing for Mayville Engineering (MEC) was filed on May 12, 2026.