Mueller Industries executive reports initial holdings
Mueller Industries Inc filed a Form 3 for its Executive VP - Administration, reporting initial beneficial ownership of several blocks of common stock.
Rhea-AI Filing Summary
Mueller Industries Inc filed a Form 3 for its Executive VP - Administration, reporting initial beneficial ownership of several blocks of common stock. The filing shows direct holdings, including 31,558 shares of common stock, plus restricted and performance-based stock awards that vest between July 30, 2026 and July 30, 2030.
Certain awards are performance-based restricted stock that may be earned between 0% and 200% of target, depending on adjusted EBITDA performance over three-year periods running through year-ends in 2025, 2026, and 2027.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
MUELLER INDUSTRIES INC
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. These shares will vest on 7/30/2026.
- 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, 2022 through December 27, 2025. The vesting date is July 30, 2028.
- 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, 2023 through December 26, 2026. The vesting date is July 30, 2029.
- F5. 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.
Key Figures
Largest single common stock holding: 31,558 shares
Restricted stock vesting date: July 30, 2026
Restricted stock vesting date: July 30, 2027
+4 more
7 metrics
Largest single common stock holding
31,558 shares
Direct common stock holding reported after the entry
Restricted stock vesting date
July 30, 2026
Time-based restricted shares vesting schedule
Restricted stock vesting date
July 30, 2027
Additional time-based restricted shares vesting
Performance stock earnout range
0%–200% of target
Performance-based restricted stock tied to adjusted EBITDA
First performance period end
December 27, 2025
Three-year adjusted EBITDA measurement period end
Second performance period end
December 26, 2026
Three-year adjusted EBITDA measurement period end
Third performance period end
December 25, 2027
Three-year adjusted EBITDA measurement period end
Key Terms
performance-based restricted stock, adjusted EBITDA, vesting date, Form 3, +1 more
5 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, 2028."
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"The Form 3 shows Mueller Industries’ Executive VP - Administration reporting initial beneficial ownership of common stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Mueller Industries (MLI) Form 3 filing show?
The Form 3 shows Mueller Industries’ Executive VP - Administration reporting initial beneficial ownership of common stock. It lists multiple direct holdings and restricted stock awards, including performance-based grants that depend on adjusted EBITDA over specified three-year measurement periods ending in 2025, 2026, and 2027.
What are the performance conditions on Mueller Industries (MLI) restricted stock?
Performance-based restricted stock may be earned between 0% and 200% of target. Payout depends on the company’s actual adjusted EBITDA compared with specified targets over three-year periods ending December 27, 2025, December 26, 2026, and December 25, 2027, respectively.
Does the Mueller Industries (MLI) Form 3 show stock purchases or sales?
The Form 3 primarily records existing holdings and awards, with entries classified as holdings and unknown transaction codes. The transaction summary shows no buys, sells, exercises, gifts, or tax-withholding dispositions, indicating this filing focuses on initial ownership reporting rather than new trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
