Mayville Engineering (MEC) director exercises 50,231 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mayville Engineering Company, Inc. director Steven L. Fisher exercised equity awards into common stock. On April 21, 2026, he exercised director restricted stock units and director deferred stock units covering a total of 50,231 shares of Common Stock, with no open-market buys or sells reported.
Following these derivative exercises, Fisher directly held 36,365 shares of common stock. Footnotes note that the balance includes vested RSUs that were deferred and settled in connection with his retirement or separation, and that certain restricted stock units vested 100% one year from their grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,231 shares exercised/converted
Mixed
8 txns
Insider
Fisher Steven L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Deferred Stock Units | 5,883 | $0.00 | -- |
| Exercise | Director Deferred Stock Units | 19,532 | $0.00 | -- |
| Exercise | Director Deferred Stock Units | 14,485 | $0.00 | -- |
| Exercise | Director Restricted Stock Units | 10,331 | $0.00 | -- |
| Exercise | Common Stock | 5,883 | $0.00 | -- |
| Exercise | Common Stock | 19,532 | $0.00 | -- |
| Exercise | Common Stock | 14,485 | $0.00 | -- |
| Exercise | Common Stock | 10,331 | $0.00 | -- |
Holdings After Transaction:
Director Deferred Stock Units — 34,017 shares (Direct, null);
Director Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 36,365 shares (Direct, null)
Footnotes (1)
- 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. The restricted stock units vested 100% one year from the grant date.
Key Figures
Shares acquired via exercises: 50,231 shares
Common shares held after transactions: 36,365 shares
Derivative exercises count: 4 exercises
+2 more
5 metrics
Shares acquired via exercises
50,231 shares
Exercise of director restricted and deferred stock units on April 21, 2026
Common shares held after transactions
36,365 shares
Direct ownership of Mayville Engineering common stock following Form 4 transactions
Derivative exercises count
4 exercises
Exercise-or-conversion transactions (code M) summarized in transaction data
Director Restricted Stock Units exercised
10,331 units
Director Restricted Stock Units converted into common stock on April 21, 2026
Director Deferred Stock Units exercised
39,900 units
Director Deferred Stock Units entries totaling 14,485, 19,532 and 5,883 units
Key Terms
Director Restricted Stock Units, Director Deferred Stock Units, vested RSUs, restricted stock units, +1 more
5 terms
Director Restricted Stock Units financial
"security_title": "Director Restricted Stock Units""
Director Deferred Stock Units financial
"security_title": "Director Deferred Stock Units""
vested RSUs financial
"The balance includes vested RSUs that were deferred by the reporting person"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider activity did Steven L. Fisher report at Mayville Engineering (MEC)?
Steven L. Fisher reported exercising director restricted stock units and director deferred stock units into common stock. The Form 4 shows derivative exercises covering 50,231 shares, increasing his directly held Mayville Engineering common stock without any reported open-market purchases or sales.
What types of equity awards did Steven L. Fisher exercise at Mayville Engineering (MEC)?
He exercised director restricted stock units and director deferred stock units. These derivative awards settled into common stock, with footnotes explaining that some RSUs had been deferred and that restricted stock units vested 100% one year from the grant date before being converted.