MEC (MEC) GC Sean Leuba reports sale of 9,198 shares and details awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mayville Engineering Company, Inc. insider Sean P. Leuba, the company’s GC & Secretary, reported open-market sales of company stock on March 5, 2026. He sold 2,500 shares of common stock indirectly through an ESOP/401(k) at $20.07 per share and 6,698 shares directly at $18.81 per share, for total reported sales of 9,198 shares.
After these transactions, Leuba directly holds 11,841 common shares and maintains equity awards, including 14,526 and 13,938 restricted stock units that vest in annual thirds through March 2027 and March 2028, and 21,552 stock options that vest in two equal installments on February 28, 2024 and 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,198 shares ($176,164)
Net Sell
5 txns
Insider
Leuba Sean P
Role
GC & Secretary
Sold
9,198 shs ($176K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $20.07 | $50K |
| Sale | Common Stock | 6,698 | $18.81 | $126K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, by ESOP and/or 401(k) Plan);
Common Stock — 11,841 shares (Direct);
Restricted Stock Units — 14,526 shares (Direct);
Stock Option (right to buy) — 21,552 shares (Direct)
Footnotes (1)
- Reflects the most recent ESOP and 401(k) balance. The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027. The restricted stock units will vest 1/3 on each of March 15, 2026, 2027 and 2028. The options will vest 50% on each of February 28, 2024 and February 28, 2025.
FAQ
What insider transaction did MEC’s Sean P. Leuba report on this Form 4?
Sean P. Leuba reported selling a total of 9,198 MEC common shares on March 5, 2026. This included indirect ESOP/401(k) shares and directly held shares, both sold in open-market transactions at disclosed per-share prices.
What were the sale prices for Sean P. Leuba’s MEC stock transactions?
The indirect ESOP/401(k) sale of 2,500 MEC shares was at $20.07 per share. The direct sale of 6,698 MEC shares was at $18.81 per share, both described as open-market or private transactions.
What MEC restricted stock units does Sean P. Leuba hold and when do they vest?
Leuba holds 14,526 MEC restricted stock units vesting one-third on March 15, 2025, 2026, and 2027. He also holds 13,938 units vesting one-third on March 15, 2026, 2027, and 2028, as disclosed in the vesting footnotes.
What stock options in MEC does Sean P. Leuba currently hold?
Leuba holds 21,552 MEC stock options labeled as a right to buy common stock. The options vest 50% on February 28, 2024 and the remaining 50% on February 28, 2025, according to the disclosed vesting schedule.