Mueller Industries EVP details stock holdings
Mueller Industries executive vice president Daniel Pieralisi filed an amended Form 3 to detail his holdings of the company’s common stock.
Rhea-AI Filing Summary
Mueller Industries executive vice president Daniel Pieralisi filed an amended Form 3 to detail his holdings of the company’s common stock. The filing lists several direct ownership entries, including performance-based restricted stock that may be earned between 0% and 200% of target based on adjusted EBITDA over multi‑year periods.
These performance-based awards reference three-year measurement windows ending in 2025, 2026 and 2027, with vesting dates on July 30, 2028, July 30, 2029 and July 30, 2030. Other restricted stock holdings are scheduled to vest on July 30, 2026 and July 30, 2027, highlighting a long-term incentive structure tied to company performance and retention.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Pieralisi Daniel
Role
Executive VP - Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,458 shares (Direct)
Footnotes (5)
- F1. Represents performance-based restricted stock, which may be earned between 0% and 200% of the target amount reported herein based upon the Issuer's actual performance as compared with an adjusted EBITDA target during the three-year period from December 29, 2024 through December 25, 2027. The vesting date is July 30, 2030.
- F2. These shares will vest on 7/30/2027.
- F3. Represents performance-based restricted stock, which may be earned between 0% and 200% of the target amount reported herein based upon the Issuer's actual performance as compared with an adjusted EBITDA target during the three-year period from December 31, 2023 through December 26, 2026. The vesting date is July 30, 2029.
- F4. Represents performance-based restricted stock, which may be earned between 0% and 200% of the target amount reported herein based upon the Issuer's actual performance as compared with an adjusted EBITDA target during the three-year period from December 31, 2022 through December 27, 2025. The vesting date is July 30, 2028.
- F5. These shares will vest on 7/30/2026.
Key Figures
Holding entry: 2,400 shares
Holding entry: 3,000 shares
Performance-based holding: 31,558 shares
+5 more
8 metrics
Holding entry
2,400 shares
Total shares following holding entry of common stock
Holding entry
3,000 shares
Total shares following another common stock holding entry
Performance-based holding
31,558 shares
Total shares following performance-based restricted stock entry
Performance window 1
Dec 31, 2022–Dec 27, 2025
Three-year adjusted EBITDA period for one performance award
Performance window 2
Dec 31, 2023–Dec 26, 2026
Three-year adjusted EBITDA period for another award
Performance window 3
Dec 29, 2024–Dec 25, 2027
Three-year adjusted EBITDA period for latest performance award
Time-based vesting
July 30, 2026 & July 30, 2027
Vesting dates for time-based restricted stock
Performance vesting
July 30, 2028–July 30, 2030
Vesting dates for performance-based restricted stock awards
Key Terms
performance-based restricted stock, adjusted EBITDA, vesting date, restricted stock
4 terms
performance-based restricted stock financial
"Represents performance-based restricted stock, which may be earned between 0% and 200% of the target amount"
Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.
adjusted EBITDA financial
"based upon the Issuer's actual performance as compared with an adjusted EBITDA target during the three-year period"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
vesting date financial
"The vesting date is July 30, 2030."
restricted stock financial
"These shares will vest on 7/30/2027."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Mueller Industries (MLI) Form 3/A filing show for Daniel Pieralisi?
The Form 3/A shows Executive VP Daniel Pieralisi’s direct holdings of Mueller Industries common stock, including multiple restricted stock and performance-based restricted stock awards with specified vesting dates tied to multi-year adjusted EBITDA performance periods and time-based vesting schedules.
Are there buy or sell transactions reported for MLI executive Daniel Pieralisi in this Form 3/A?
No specific buy or sell transactions are reported. The filing classifies the entries as holdings, with no transaction share amounts or prices listed. It primarily discloses Pieralisi’s existing ownership positions and related restricted stock award structures, rather than new market trades.
How are Daniel Pieralisi’s performance-based restricted stock awards at Mueller Industries structured?
Certain awards are performance-based restricted stock that may be earned between 0% and 200% of target. Payout depends on Mueller Industries’ adjusted EBITDA performance over three-year periods ending in 2025, 2026 and 2027, with vesting dates set on July 30, 2028, 2029 and 2030.
What are the key vesting dates for Daniel Pieralisi’s restricted stock at Mueller Industries (MLI)?
The filing notes time-based restricted stock vesting on July 30, 2026 and July 30, 2027. Performance-based restricted stock tied to adjusted EBITDA targets has vesting dates on July 30, 2028, July 30, 2029 and July 30, 2030, reflecting long-term incentive timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
