MLI holder files Form 144 for 300,000-share NYSE sale
Rhea-AI Filing Summary
Mueller Industries (MLI): A holder filed a Form 144 notice to sell up to 300,000 shares of common stock. The filing lists an aggregate market value of $31,290,000, with an approximate sale date of 10/23/2025 on the NYSE through Merrill Lynch.
The shares were acquired as restricted stock that vested on 08/01/2023, described as part of compensation. Shares outstanding were 111,013,631; this is a baseline figure, not the amount being sold. Form 144 is a notice of proposed sale by a holder and does not involve the company issuing new shares.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 resale notice; neutral market impact signal.
This Form 144 indicates a proposed sale of 300,000 common shares with an $31,290,000 aggregate market value. The filing names the NYSE as the venue and Merrill Lynch as broker, with an approximate sale date of 10/23/2025. It’s an administrative step that permits a holder to sell restricted or control securities under Rule 144.
The shares were acquired as restricted stock that vested on 08/01/2023 as compensation. Because this is a resale by a holder, it does not represent new issuance. Actual execution and market impact depend on sales decisions and trading conditions.
FAQ
How many Mueller Industries (MLI) shares are covered by this Form 144?
What is the aggregate market value of the MLI shares in the Form 144?
When is the approximate sale date for the MLI shares?
On which exchange are the MLI shares expected to be sold?
How were the MLI shares to be sold originally acquired?
How many Mueller Industries shares were outstanding?
Which broker is named in the MLI Form 144 filing?