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.