Mayville Engineering director converts 50231 stock units
Mayville Engineering Company, Inc. director Steven L. Fisher reported exercises and conversions of director deferred stock units and director restricted stock units into common stock on April 21, 2026.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Mayville Engineering Company, Inc. director Steven L. Fisher reported exercises and conversions of director deferred stock units and director restricted stock units into common stock on April 21, 2026. These derivative transactions covered a total of 50231 underlying shares and resulted in acquisitions of an equivalent number of common shares, with no reported market sales.
Insider Trade Summary
50,231 shares exercised/converted
Exercise
8 txns
Insider
Fisher Steven L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Deferred Stock Units | 5,883 | $0.00 | $0.00 |
| Exercise | Director Deferred Stock Units | 19,532 | $0.00 | $0.00 |
| Exercise | Director Deferred Stock Units | 14,485 | $0.00 | $0.00 |
| Exercise | Director Restricted Stock Units | 10,331 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,883 | $0.00 | $0.00 |
| Exercise | Common Stock | 19,532 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,485 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,331 | $0.00 | $0.00 |
Holdings After Transaction:
Director Deferred Stock Units — 0 contracts (Direct);
Director Restricted Stock Units — 0 contracts (Direct);
Common Stock — 80,713 shares (Direct)
Footnotes (2)
- F1. The balance includes vested RSUs that were deferred by the reporting person, which settled upon the reporting person's retirement or separation from the company.
- F2. The restricted stock units vested 100% one year from the grant date.
Key Figures
Underlying shares exercised: 50231 shares
Derivative exercise transactions: 4
Non-derivative acquisitions: 4
+2 more
5 metrics
Underlying shares exercised
50231 shares
Total underlying shares in derivative exercises on April 21, 2026
Derivative exercise transactions
4
Number of derivative transactions coded as M (exercise or conversion)
Non-derivative acquisitions
4
Common stock acquisitions corresponding to derivative conversions
Open-market buys
0 shares
BuyShares in transaction summary
Open-market sells
0 shares
SellShares in transaction summary
Key Terms
Director Deferred Stock Units, Director Restricted Stock Units, Exercise or conversion of derivative security, restricted stock units
4 terms
Director Deferred Stock Units financial
"security_title: Director Deferred Stock Units"
Director deferred stock units are a form of compensation awarded to a company's board members that represents a promise of future company shares or cash tied to the value of the stock, but paid out at a later date or upon a triggering event like retirement. They align directors’ incentives with long-term performance—like giving a manager a retirement bonus held in company stock—so investors watch them for signals about governance, dilution risk, and board confidence in future growth.
Director Restricted Stock Units financial
"security_title: Director Restricted Stock Units"
Director restricted stock units are promises by a company to give board members company shares in the future, usually after a set time or when certain conditions are met. They matter to investors because they can dilute existing shareholders when converted to shares and reveal how the board’s pay is tied to the company’s performance—like a delayed paycheck in company stock that aligns a director’s interests with shareholders and can affect share supply when released.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
restricted stock units financial
"The restricted stock units vested 100% one year from the grant date."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider action did MEC director Steven L. Fisher report?
Steven L. Fisher reported exercising and converting deferred and restricted stock units into common stock. On April 21, 2026 he converted a total of 50231 underlying shares, with no open-market purchases or sales disclosed.
Did the MEC Form 4 for Steven L. Fisher report any stock sales?
The Form 4 reports no open-market sales by Steven L. Fisher. All reported activity reflects exercises or conversions of stock units into MEC common stock, with 0 shares categorized as buys or sells in the transaction summary.
What types of securities did Steven L. Fisher convert into MEC common stock?
Steven L. Fisher converted Director Deferred Stock Units and Director Restricted Stock Units into MEC common stock. Four derivative transactions on April 21, 2026 correspond to four non-derivative acquisitions of common shares.
Was Steven L. Fisher’s MEC Form 4 filed under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmed plan. The document-level indicator shows aff_10b5_one set to false, and the footnotes do not state that these transactions were executed under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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