Mueller Industries (MLI) CEO sells 103,266 shares, keeps large stake
Rhea-AI Filing Summary
Mueller Industries Chairman and CEO Christopher L. Gregory reported an open-market sale of 103,266 shares of common stock at a weighted average price of $137.29 per share on April 27, 2026. After this transaction, he directly holds 804,911 common shares.
The filing also lists indirect holdings, including shares held by trusts where he or his spouse are beneficiaries, by his spouse, and by his children, which represent additional exposure to Mueller Industries stock beyond his direct position.
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Insights
CEO executes sizable open-market sale but retains large direct stake.
Christopher L. Gregory, Chairman and CEO of Mueller Industries, sold 103,266 common shares in an open-market transaction at a weighted average price of $137.29 per share. This is a meaningful sale in dollar terms but not a full exit.
Following the sale, he still directly owns 804,911 shares, and the filing lists additional indirect holdings through trusts, spouse, and children. There is no indication in the excerpt that the sale was under a Rule 10b5-1 plan, so timing context is not provided. Overall, this appears as a notable liquidity event while maintaining substantial exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 103,266 | $137.29 | $14.18M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.00 to $138.135, inclusive.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
indirect ownership financial
trust where spouse is beneficiary financial
AI-generated analysis. How Rhea-AI works. Not financial advice.