Mueller Industries appoints Devin K. Denner director
The annual fee and initial equity grant are each prorated for the partial year of board service.
Sentiment and the balance of points
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Form Type
8-K
Rhea-AI Filing Summary
Mueller Industries appointed Devin K. Denner as a director, effective January 1, 2027, to fill the vacancy from Gary S. Gladstein’s retirement effective December 31, 2026. The Board determined Denner is independent under New York Stock Exchange and Securities Exchange Act rules.
Denner will participate in the non-employee director compensation program, with an annual fee of $82,000 and an initial equity grant with a grant date fair value of $170,000; each will be prorated for his partial year of service. The Board also declared a regular quarterly cash dividend of 17.5 cents per share, payable December 18, 2026, to shareholders of record December 4, 2026.
8-K Event Classification
3 items: 5.02, 8.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Quarterly cash dividend: 17.5 cents per share
Annual director fee: $82,000
Initial equity grant grant date fair value: $170,000
3 metrics
Quarterly cash dividend
17.5 cents per share
Payable December 18, 2026, to shareholders of record December 4, 2026
Annual director fee
$82,000
Non-employee director compensation program; prorated for the partial year of service
Initial equity grant grant date fair value
$170,000
For a new director; prorated for the partial year of service
Key Terms
grant date fair value, shareholders of record, non-employee director compensation program
3 terms
grant date fair value financial
"initial equity grant with a grant date fair value of $170,000"
The grant date fair value is the estimated dollar worth of a stock-based award (such as stock options or restricted shares) at the exact moment it is given to an employee or contractor. Investors care because companies use that value to record compensation expenses and to show how much potential ownership and earnings dilution those awards could create—think of it as the price tag placed on a gift card when it is handed over so the company can report the cost now.
non-employee director compensation program financial
"participate in the Company’s non-employee director compensation program"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend did MLI declare, and when will it be paid?
Mueller Industries declared a regular quarterly cash dividend of 17.5 cents per share, payable December 18, 2026, to shareholders of record December 4, 2026.
What compensation will MLI’s new director receive for his partial year?
Devin K. Denner will participate in the company’s non-employee director compensation program, which provides an annual fee of $82,000 and an initial equity grant with a grant date fair value of $170,000. Each will be prorated for his partial year of service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of earliest event reported): | |||||
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission File | (IRS Employer | ||||||
| of incorporation) | Number) | Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
| Registrant’s telephone number, including area code: | ||||||||
| Registrant’s Former Name or Address, if changed since last report: | N/A | ||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new of revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On November 6, 2026, the Board of Directors (the “Board”) of Mueller Industries Inc. (the “Company”) appointed Devin K. Denner to the Board, effective January 1, 2027, to fill the vacancy to be created by the previously reported retirement of Gary S. Gladstein from the Board effective December 31, 2026. Mr. Denner brings decades of business leadership experience in the metals industry.
The Board has determined that Mr. Denner is “independent” under the rules of The New York Stock Exchange and the rules and regulations under the Securities Exchange Act of 1934, as amended. There is no arrangement or understanding between Mr. Denner and any other person pursuant to which he was selected as a director, nor are there any transactions between the Company and Mr. Denner or any of his immediate family members (within the meaning of Item 404 of Regulation S-K) that require disclosure pursuant to Item 404(a) of Regulation S-K.
Mr. Denner will participate in the Company’s non-employee director compensation program, which for the current compensation year consists of an annual fee of $82,000 and a new director initial equity grant with a grant date fair value of $170,000. Each of the annual fee and the new director initial equity grant will be prorated for the partial year to be served.
| Item 8.01 | Other Events. | ||||
On November 6, 2026, the Registrant issued a press release announcing that its Board has declared a regular quarterly cash dividend of 17.5 cents per share on its common stock. The dividend will be paid December 18, 2026 to shareholders of record on December 4, 2026. A copy of the press release announcing the payment and record dates is attached as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits. | ||||
(d) Exhibits
| 99.1 | Press release dated November 6, 2026 | |||||||
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| MUELLER INDUSTRIES, INC. | |||||||||||
| By: | /s/ ANTHONY J. STEINRIEDE | ||||||||||
| Name: | Anthony J. Steinriede | ||||||||||
| Title: | Vice President - Corporate Controller | ||||||||||
| Date: November 9, 2026 | |||||||||||
3
Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter
COLLIERVILLE, Tenn., November 6, 2026 – Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 17.5 cents per share. The dividend will be payable December 18, 2026 to shareholders of record on December 4, 2026.
Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East.
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Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, continued availability of raw materials and energy, market demand, pricing, competitive and technological factors, and the availability of financing, among others, as set forth in the Company's SEC filings. The words "outlook," "estimate," "project," "intend," "expect," "believe," "target," "encourage," "anticipate," "appear," and similar expressions are intended to identify forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company has no obligation to publicly update or revise any forward-looking statements to reflect events after the date of this report.
CONTACT
Jeffrey A. Martin
(901)753-3226