Mayville Engineering (MEC) Form 4: Jagadeesh Reddy Acquires Shares, Discloses RSUs/Options

Rhea-AI Filing Summary

Form 4 filed for Mayville Engineering Company, Inc. (MEC) reporting insider transactions by Jagadeesh A. Reddy, President & CEO and Director.

On 08/07/2025 Mr. Reddy acquired 7,500 shares of MEC common stock at $14.06. Following the reported transaction he beneficially owns 146,285 shares directly. Indirect holdings shown: 2,300 shares via ESOP/401(k) and 380 by his daughter.

• Derivative holdings (direct): Restricted Stock Units of 72,633 and 82,927; Stock Options for 88,901 shares at an exercise price of $16.22 (expiration listed 02/28/2033).
• Vesting schedules: RSU tranches vest 1/3 on listed March 15 dates; options vest 50% on 02/28/2024 and 02/28/2025 per the form.

Form signed by Russell E. Ryba as Attorney-in-Fact on 08/08/2025.

Positive

• Insider purchase: Jagadeesh A. Reddy acquired 7,500 shares at $14.06 on 08/07/2025.
• Significant management alignment: Direct holdings of 146,285 shares plus 155,560 RSUs and 88,901 stock options indicate substantial executive equity exposure.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchased 7,500 MEC shares at $14.06 on 08/07/2025; significant equity and derivative holdings remain.

The Form 4 documents a direct purchase of 7,500 shares at $14.06 by Jagadeesh A. Reddy on 08/07/2025, raising his direct beneficial ownership to 146,285 shares. The filing also discloses two RSU tranches totaling 155,560 RSUs (72,633 and 82,927) and 88,901 stock options with an exercise price of $16.22. Vesting schedules are explicitly stated in the explanations. From an investor-monitoring perspective, the filing confirms management equity alignment but provides no company-level financial metrics to assess material impact on valuation.

Impact assessment: Neutral to modestly positive for signaling; not determinable if material without outstanding share count or market context.

Corporate Governance Expert

TL;DR: CEO/Director shows continued equity exposure via direct shares, RSUs and options; filing is routine Section 16 disclosure.

The disclosure identifies Jagadeesh A. Reddy as both President & CEO and Director. The Form 4 reports a purchase on 08/07/2025 and enumerates direct and indirect ownership (direct: 146,285; indirect: 2,300 ESOP/401(k), 380 daughter). Derivative holdings and explicit vesting schedules are included, and the form is signed by an attorney-in-fact on 08/08/2025. The filing meets Section 16 reporting requirements and documents insider compensation-related instruments (RSUs/options) and a discrete open-market purchase.

Impact assessment: Procedural disclosure; governance implication is alignment through equity but no material governance change reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reddy Jagadeesh A

(Last) (First) (Middle)

135 SOUTH 84TH STREET

SUITE 300

(Street)

MILWAUKEE WI 53214

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Mayville Engineering Company, Inc. [ MEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/07/2025		P		7,500	A	$14.06	146,285	D
Common Stock								2,300(1)	I	by ESOP and/or 401(k) Plan
Common Stock								380	I	By Daughter

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0							(2)	(2)	Common Shares	72,633		72,633	D
Restricted Stock Units	$0							(3)	(3)	Common Shares	82,927		82,927	D
Stock Option (right to buy)	$16.22							(4)	02/28/2033	Common Shares	88,901		88,901	D

Explanation of Responses:

1. Reflects the most recent ESOP and 401(k) balance.

2. The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.

3. The restricted stock units will vest 1/3 on each of March 15, 2026, 2027 and 2028.

4. The options will vest 50% on each of February 28, 2024 and February 28, 2025.

	/s/ Russell E. Ryba, Attorney-in-Fact for Jagadeesh A. Reddy	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Jagadeesh A. Reddy report on the MEC Form 4?

The Form 4 reports a purchase of 7,500 shares of MEC common stock at $14.06 on 08/07/2025.

How many MEC shares does the CEO beneficially own after the reported transaction?

Following the reported transaction Mr. Reddy beneficially owns 146,285 shares directly, plus 2,300 indirect via ESOP/401(k) and 380 indirect held by his daughter.

What derivative awards does the Form 4 disclose for Jagadeesh A. Reddy?

The filing discloses 72,633 RSUs, 82,927 RSUs (two tranches) and 88,901 stock options with an exercise price of $16.22.

What are the vesting terms disclosed for the RSUs and options?

Per the explanations: one RSU tranche vests 1/3 on each of March 15, 2025, 2026, 2027; the other vests 1/3 on March 15, 2026, 2027, 2028. Options vest 50% on 02/28/2024 and 50% on 02/28/2025.

When was the Form 4 signed and by whom?

The Form 4 is signed by Russell E. Ryba, Attorney-in-Fact for Jagadeesh A. Reddy on 08/08/2025.