15,688 RSUs proposed for sale — MEC (NYSE: MEC) with recent 10b5-1 trades
Rhea-AI Filing Summary
MEC notice of a proposed sale of 15,688 shares of Common Stock issued as Restricted Stock Units, dated 07/19/2024. The filing lists these securities as Restricted Stock Units allocated by the issuer.
The filing also discloses recent 10b5-1 sales by Jagadeesh A Reddy: 1,300 shares on 06/08/2026 for $45,510.01, 17,294 shares on 06/01/2026 for $518,821.73, and 21,796 shares on 05/07/2026 for $564,995.91.
Positive
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Negative
- None.
Insights
Rule 144 notice reports proposed resale of 15,688 RSU shares and recent 10b5-1 dispositions.
The filing lists 15,688 shares of Common Stock as Restricted Stock Units with an effective date of 07/19/2024. This is a notice of intent to sell under resale exemptions and does not itself complete any sale.
It also itemizes three 10b5-1 sales by Jagadeesh A Reddy on 05/07/2026, 06/01/2026, and 06/08/2026, showing per-sale share counts and gross proceeds. Cash-flow treatment and whether the proposed RSU resale has closed are not stated in the excerpt.