Montrose CEO exercises options, sells 46K shares
Montrose Environmental Group President & CEO Vijay Manthripragada exercised stock options and sold a portion of the resulting shares.
Rhea-AI Filing Summary
Montrose Environmental Group President & CEO Vijay Manthripragada exercised stock options and sold a portion of the resulting shares. He exercised options to acquire a total of 119,158 shares of common stock at an exercise price of $6.03 per share, fully using the options that were set to expire on June 23, 2026.
On the same date, he sold 46,121 shares of common stock in open-market transactions at a weighted average price of $25.41 per share, with individual sale prices ranging from $25.19 to $25.90. After these transactions, he directly owned 236,788 shares of Montrose Environmental Group common stock, indicating he retained a substantial equity position following the option exercises and partial sale.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 33,166 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 85,992 | $0.00 | $0.00 |
| Exercise | Common Stock | 33,166 | $6.03 | $200K |
| Exercise | Common Stock | 85,992 | $6.03 | $519K |
| Sale | Common Stock | 46,121 | $25.41 | $1.17M |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $25.19 to $25.90, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
- F2. 50% of the shares subject to the option vested on September 11, 2017 and the remaining 50% vested on September 11, 2019.
FAQ
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What did Montrose Environmental (MEG) CEO Vijay Manthripragada do in this Form 4?
How many Montrose Environmental (MEG) options did the CEO exercise and at what strike price?
What were the vesting terms of the Montrose Environmental (MEG) options exercised by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.