Mueller Industries (MLI) Files Rule 144 Notice to Sell 1,000 Shares
Rhea-AI Filing Summary
Mueller Industries filed a Form 144 reporting a proposed sale of 1,000 shares of common stock through Raymond James & Associates on 08/12/2025 on the NYSE. The filing lists an aggregate market value of $91,469.05 and notes 110,700,752 shares outstanding.
The shares were acquired as vested restricted shares on 05/03/2017 from the issuer and the stated nature of payment for the sale is compensation. The filer reports no securities sold in the past three months and attests to having no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Rule 144 sale of 1,000 shares reported; financial impact appears negligible relative to total shares outstanding.
The Form 144 discloses a planned sale of 1,000 common shares via Raymond James with an aggregate market value of $91,469.05 and 110,700,752 shares outstanding. The shares were originally acquired as vested restricted stock in 2017 and are being sold as compensation. No sales were reported in the prior three months. From a market-activity perspective, this filing documents compliance with Rule 144 and provides necessary public notice of an insider-originated sale; it does not present any new operational or financial metrics for Mueller Industries.
TL;DR: Disclosure aligns with insider-sale compliance; documents origin of shares and broker details without indicating governance concerns.
The notice specifies the nature of acquisition (vested restricted shares), the broker (Raymond James & Associates) and the exchange (NYSE), and includes a representation that no material undisclosed information exists. The absence of other sales in the past three months is noted. These elements are consistent with standard Rule 144 filings and do not, by themselves, signal governance or disclosure issues.