MEC (MEC) SVP Craig Nichols sells 4,000 shares, retains RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mayville Engineering Company, Inc. senior vice president Craig D. Nichols reported an open-market sale of Common Stock. He sold 4,000 shares on May 21, 2026 at $23.24 per share and now holds 146 Common shares directly.
In addition to direct stock, Nichols holds company equity through benefit and incentive arrangements. A 401(k) plan account holds 1,134 Common shares indirectly. He also holds Restricted Stock Units that may convert into 14,998 Common shares, vesting one-third on each of March 15, 2026, 2027 and 2028, and another RSU award for 11,614 underlying shares vesting one-third on each of March 15, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($92,960)
Net Sell
4 txns
Insider
Nichols Craig D
Role
SVP, Operations & Supply Chain
Sold
4,000 shs ($93K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $23.24 | $93K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 146 shares (Direct, null);
Restricted Stock Units — 11,614 shares (Direct, null);
Common Stock — 1,134 shares (Indirect, by 401(k) Plan)
Footnotes (1)
- The restricted stock units will vest 1/3 on each of March 15, 2026, 2027 and 2028. The restricted stock units will vest 1/3 on each of March 15, 2027, 2028 and 2029.
Key Figures
Shares sold: 4,000 shares
Sale price: $23.24 per share
Direct shares after sale: 146 shares
+3 more
6 metrics
Shares sold
4,000 shares
Open-market sale of Common Stock on May 21, 2026
Sale price
$23.24 per share
Price received for 4,000 Common shares sold
Direct shares after sale
146 shares
Common Stock directly owned following transaction
Indirect 401(k) shares
1,134 shares
Common Stock held indirectly via 401(k) plan
RSUs underlying shares (grant 1)
14,998 shares
RSUs vesting 1/3 on March 15, 2026, 2027, 2028
RSUs underlying shares (grant 2)
11,614 shares
RSUs vesting 1/3 on March 15, 2027, 2028, 2029
Key Terms
Restricted Stock Units, open-market sale, 401(k) Plan, Common Stock
4 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) Plan financial
"nature_of_ownership": "by 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did MEC executive Craig D. Nichols report?
Craig D. Nichols reported an open-market sale of 4,000 shares of Mayville Engineering Common Stock at $23.24 per share on May 21, 2026. This Form 4 filing also updates his remaining direct and indirect equity holdings, including stock and restricted stock units.
What Restricted Stock Units (RSUs) does Craig D. Nichols hold in MEC?
Nichols holds RSUs tied to 14,998 underlying Common shares vesting one-third on March 15, 2026, 2027, and 2028. He also holds another RSU grant for 11,614 underlying shares vesting one-third on March 15, 2027, 2028, and 2029, subject to continued service conditions.
How are Craig D. Nichols’ MEC RSUs scheduled to vest over time?
One RSU award vests in three equal parts on March 15 of 2026, 2027, and 2028. A second RSU award vests in three equal parts on March 15 of 2027, 2028, and 2029. Each vested portion can settle into Common Stock, increasing his share ownership.
What indirect MEC holdings does Craig D. Nichols report?
Nichols reports 1,134 shares of Mayville Engineering Common Stock held indirectly through a 401(k) plan. This is separate from his 146 directly held shares and his Restricted Stock Units, giving a fuller picture of his total economic exposure to the company’s equity.