Director at Mayville (NYSE: MEC) exercises 5,949 RSUs and receives 5,959-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mayville Engineering Company, Inc. director Tania Wingfield reported compensation-related equity activity. On April 21, 2026, she exercised 5,949 Director Restricted Stock Units into 5,949 shares of Common Stock, leaving her with 5,949 common shares held directly.
On the same date, she received a new grant of 5,959 Director Restricted Stock Units, each representing one share of Common Stock. According to the footnotes, the RSUs that were exercised had vested 100% one year from their grant date, while the newly granted RSUs will vest 100% at the earlier of one year or the next annual shareholder meeting. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,949 shares exercised/converted
Mixed
3 txns
Insider
Wingfield Tania
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Restricted Stock Units | 5,949 | $0.00 | -- |
| Grant/Award | Director Restricted Stock Units | 5,959 | $0.00 | -- |
| Exercise | Common Stock | 5,949 | $0.00 | -- |
Holdings After Transaction:
Director Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 5,949 shares (Direct, null)
Footnotes (1)
- The restricted stock units vested 100% one year from the grant date. The restricted stock units will vest 100% at the earlier of one year or the next annual shareholder meeting.
Key Figures
RSUs exercised: 5,949 units
Common shares owned after exercise: 5,949 shares
New RSU grant: 5,959 units
+1 more
4 metrics
RSUs exercised
5,949 units
Director Restricted Stock Units converted to Common Stock on April 21, 2026
Common shares owned after exercise
5,949 shares
Direct ownership of Mayville Engineering common stock following transactions
New RSU grant
5,959 units
Director Restricted Stock Units granted on April 21, 2026
Remaining RSUs after exercise
5,959 units
Unvested Director Restricted Stock Units held after prior grant fully exercised
Key Terms
Director Restricted Stock Units, vested 100% one year from the grant date, annual shareholder meeting, Exercise or conversion of derivative security
4 terms
Director Restricted Stock Units financial
"security_title": "Director Restricted Stock Units""
vested 100% one year from the grant date financial
"The restricted stock units vested 100% one year from the grant date."
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transactions did MEC director Tania Wingfield report?
Tania Wingfield reported compensation-related equity activity, not open-market trading. She exercised 5,949 previously granted Director Restricted Stock Units into 5,949 shares of Mayville Engineering common stock and received a new grant of 5,959 Director Restricted Stock Units, all held as direct ownership.
Did Tania Wingfield buy or sell MEC stock on the open market?
She did not report any open-market buys or sells. The Form 4 shows an exercise of 5,949 Director Restricted Stock Units into 5,949 common shares and a grant of 5,959 new restricted stock units, all at a stated price of $0.00 per unit as equity compensation.
What are the vesting terms for Tania Wingfield’s new MEC restricted stock units?
The new grant of 5,959 Director Restricted Stock Units will vest 100% at the earlier of one year from the grant date or the next annual shareholder meeting. Once vested, each unit converts into one share of Mayville Engineering common stock, increasing her direct share ownership.
What happened to the Director Restricted Stock Units that Tania Wingfield exercised?
She exercised 5,949 Director Restricted Stock Units that had vested 100% one year after their original grant. Those units converted into 5,949 shares of Mayville Engineering common stock, and the RSU balance for that grant dropped to zero, effectively turning the derivative award into outright share ownership.