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Mesa Laboratories (MLAB) CAO reports RSU vesting and 442-share tax sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Mesa Laboratories CAO Lyndsey Elizabeth Crennen reported a mix of equity compensation events and a small tax-related share sale. On June 18, 2026, she exercised restricted stock units and performance share units for a total of 726 shares of common stock and received a 263-share grant, all as direct holdings. A subsequent sale of 442 shares of common stock on June 22, 2026 at $89.502 per share was executed to cover taxes related to the June 18, 2026 vesting of RSUs and PSUs and occurred under a 10b-1 plan, according to the footnotes. Following these transactions, she directly holds 2,020 shares of Mesa Laboratories common stock.

Positive

  • None.

Negative

  • None.
Insider Crennen Lyndsey Elizabeth
Role CAO
Sold 442 shs ($40K)
Type Security Shares Price Value
Sale Common Stock 442 $89.502 $40K
Exercise Restricted Stock Unit - 1 125 $0.00 --
Exercise Restricted Stock Units - 2 233 $0.00 --
Exercise Restricted Stock Units - 3 368 $0.00 --
Exercise Common Stock 125 $95.10 $12K
Exercise Common Stock 233 $95.10 $22K
Exercise Common Stock 368 $95.10 $35K
Grant/Award Common Stock 263 $95.10 $25K
Holdings After Transaction: Common Stock — 2,020 shares (Direct, null); Restricted Stock Unit - 1 — 0 shares (Direct, null); Restricted Stock Units - 2 — 232 shares (Direct, null); Restricted Stock Units - 3 — 367 shares (Direct, null)
Footnotes (1)
  1. Each RSU represents a contingent right to receive one share of the Issuer's common stock RSUs that vested 1/3 on June 21, 2024 and each of the next two anniversary dates Not Applicable RSUs that vest 1/3 on June 18, 2025 and each of the next two anniversary dates RSUs that vest 1/3 on June 19, 2025 and each of the next 2 anniversary dates Shares represent common stock of Mesa Labs issued upon release of performance share units issued under the FY24-FY26 performance share unit program Shares sold to cover taxes related to the vesting of RSUs and PSUs on June 18, 2026. Transaction was executed under a 10b-1 plan.
Shares sold 442 shares Open-market sale of common stock on June 22, 2026
Sale price $89.502 per share Average price for 442-share sale
Shares after transactions 2,020 shares Direct common stock holdings following reported trades
RSU/PSU shares exercised 726 shares Common stock from RSU and PSU exercises on June 18, 2026
Equity grant 263 shares Grant or award of common stock on June 18, 2026
Net share change from buy/sell -442 shares Net of open-market buys and sells reported
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
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.
performance share units financial
"Shares represent common stock of Mesa Labs issued upon release of performance share units issued under the FY24-FY26 performance share unit program"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
10b-1 plan regulatory
"Shares sold to cover taxes related to the vesting of RSUs and PSUs on June 18, 2026. Transaction was executed under a 10b-1 plan."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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SEC Form 4
FORM 4UNITED 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*
Crennen Lyndsey Elizabeth

(Last)(First)(Middle)
2850 S CLARKSON CIRCLE

(Street)
ENGLEWOOD COLORADO 80113

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MESA LABORATORIES INC /CO/ [ MLAB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026M125A$95.11,598D
Common Stock06/18/2026M233A$95.11,831D
Common Stock06/18/2026M368A$95.12,199D
Common Stock06/18/2026A263(6)A$95.12,462D
Common Stock06/22/2026S442(7)D$89.5022,020D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit - 1(1)06/18/2026M12506/21/2024(2) (3)Common Stock125$00D
Restricted Stock Units - 2(1)06/18/2026M23306/18/2025(4) (3)Common Stock233$0232D
Restricted Stock Units - 3(1)06/18/2026M36806/19/2025(5) (3)Common Stock368$0367D
Explanation of Responses:
1. Each RSU represents a contingent right to receive one share of the Issuer's common stock
2. RSUs that vested 1/3 on June 21, 2024 and each of the next two anniversary dates
3. Not Applicable
4. RSUs that vest 1/3 on June 18, 2025 and each of the next two anniversary dates
5. RSUs that vest 1/3 on June 19, 2025 and each of the next 2 anniversary dates
6. Shares represent common stock of Mesa Labs issued upon release of performance share units issued under the FY24-FY26 performance share unit program
7. Shares sold to cover taxes related to the vesting of RSUs and PSUs on June 18, 2026. Transaction was executed under a 10b-1 plan.
John Sakys under Power of Attorney by Lyndsey Crennen06/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Mesa Laboratories (MLAB) CAO Lyndsey Crennen report?

Lyndsey Crennen reported RSU and PSU vesting into Mesa Laboratories common stock, a 263-share equity grant, and a 442-share sale. The sale followed equity awards that converted restricted units into directly held common shares.

How many Mesa Laboratories (MLAB) shares did the CAO sell and at what price?

The CAO sold 442 shares of Mesa Laboratories common stock at an average price of $89.502 per share. This transaction followed recent equity award vesting and was tied to tax obligations from those awards.

Why did the Mesa Laboratories (MLAB) CAO sell 442 shares of stock?

The 442 shares were sold to cover taxes related to the vesting of restricted stock units and performance share units on June 18, 2026. A footnote states this tax-related sale was executed under a 10b-1 trading plan.

How many Mesa Laboratories (MLAB) shares does the CAO own after these transactions?

After exercising equity awards, receiving a grant, and selling shares for taxes, the CAO directly holds 2,020 shares of Mesa Laboratories common stock. This figure reflects her position immediately following the reported transactions.

What equity awards vested for Mesa Laboratories (MLAB) CAO Lyndsey Crennen?

Restricted stock units and performance share units vested into 726 shares of Mesa Laboratories common stock on June 18, 2026. Footnotes note these RSUs vest in thirds on specified anniversary dates under the company’s equity programs.

Were the Mesa Laboratories (MLAB) CAO’s share sales made under a trading plan?

Yes. A footnote explains that the 442 shares of common stock were sold to cover taxes on RSU and PSU vesting and that the transaction was executed under a 10b-1 trading plan established in advance.