Director in Mueller Industries (MLI) granted 1,222 new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLADSTEIN GARY S reported acquisition or exercise transactions in this Form 4 filing.
Mueller Industries director Gary S. Gladstein reported a compensation-related grant of 1,222 shares of Common Stock at no cost. This award increased his direct holdings to 32,100 shares. He is also reported as the beneficiary of a trust that holds 290,206 additional Common Stock shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GLADSTEIN GARY S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,222 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,100 shares (Direct, null);
Common Stock — 290,206 shares (Indirect, trust where he serves as beneficiary)
Footnotes (1)
Key Figures
Stock grant: 1,222 shares
Direct holdings after grant: 32,100 shares
Indirect holdings: 290,206 shares
3 metrics
Stock grant
1,222 shares
Common Stock grant at $0.00 per share
Direct holdings after grant
32,100 shares
Common Stock directly owned by Gary S. Gladstein
Indirect holdings
290,206 shares
Common Stock held in a trust where he is beneficiary
Key Terms
Grant, award, or other acquisition, indirect ownership, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"ownership_type: indirect, nature: trust where he serves as beneficiary"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Mueller Industries (MLI) disclose?
Mueller Industries disclosed that director Gary S. Gladstein received a grant of 1,222 shares of Common Stock at no cost. This is a compensation-related award, not an open-market purchase or sale, and reflects routine equity-based director compensation.
What are Gary S. Gladstein’s direct holdings of Mueller Industries (MLI) after this filing?
After the reported grant, Gary S. Gladstein directly holds 32,100 shares of Mueller Industries Common Stock. This direct holding figure comes from the total shares reported following the transaction, reflecting his personal ownership position outside of any trusts.
Was the Mueller Industries (MLI) Form 4 transaction a buy or a sale?
The Form 4 does not show a traditional buy or sale. Instead, it reports a grant or award acquisition of 1,222 shares at $0.00 per share, which is typical of equity compensation rather than an open-market trade driven by investment decisions.