[144] Mueller Industries, Inc. SEC Filing
Rhea-AI Filing Summary
Mueller Industries, Inc. (MLI) filed a Form 144 reporting a proposed sale of 66,029 common shares through UBS Financial Services with an aggregate market value of $6,374,439.00. The shares are scheduled for sale on 08/29/2025 on the NYSE and were acquired by the holder on 07/30/2024 as a stock award from the issuer. The filing lists 110,700,752 shares outstanding, meaning the proposed sale represents approximately 0.06% of outstanding shares. The filer reports no sales in the past three months and includes the standard representation regarding material nonpublic information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale of equity award via UBS, representing roughly 0.06% of outstanding shares.
The filing documents a routine sale under Rule 144 where 66,029 shares awarded on 07/30/2024 are to be sold on 08/29/2025 through UBS. The aggregate value reported is $6.37 million, but relative to the 110.7 million shares outstanding the transaction size is immaterial to market capitalization and unlikely to move the stock. The absence of reported sales in the prior three months suggests this is not part of a larger ongoing disposition.
TL;DR: Filing appears routine with standard insider certification; no governance red flags in disclosed fields.
The notice indicates the shares were issued as a stock award by the issuer and are being sold by the award recipient. The form includes the standard representation that the seller is unaware of undisclosed material adverse information. The filing does not include a signed/date block or remarks beyond boilerplate, but it does report the broker and planned sale date, meeting Rule 144 disclosure expectations.