Mueller Industries director reports gifts and share grant
Mueller Industries director Charles P. Herzog Jr. reported routine share transfers and an award of common stock.
Rhea-AI Filing Summary
Mueller Industries director Charles P. Herzog Jr. reported routine share transfers and an award of common stock. On May 8, 2026, two transactions coded as bona fide gifts moved 1,222 shares from his direct holdings and 1,222 shares from a trust where his wife is beneficiary.
He also received an award-coded acquisition of 1,222 shares of common stock at $0.00 per share, increasing his directly held stake. Following these updates, he holds 9,808 shares directly, 21,085 shares indirectly through a trust for his wife, and 8,000 shares indirectly through a trust for his children.
Insider Trade Summary
2,444 shares gifted
Gift
4 txns
Insider
Herzog Charles P Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,222 | $0.00 | $0.00 |
| Gift | Common Stock | 1,222 | $0.00 | $0.00 |
| Gift | Common Stock | 1,222 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,586 shares (Direct);
Common Stock — 21,085 shares (Indirect, by trust where wife is beneficiary);
Common Stock — 8,000 shares (Indirect, by trust where children are beneficiaries)
Key Figures
Gifted shares (direct holding): 1,222 shares
Gifted shares (spouse trust): 1,222 shares
Awarded shares: 1,222 shares
+3 more
6 metrics
Gifted shares (direct holding)
1,222 shares
Bona fide gift of common stock on May 8, 2026
Gifted shares (spouse trust)
1,222 shares
Bona fide gift from trust where wife is beneficiary
Awarded shares
1,222 shares
Grant, award, or other acquisition at $0.00 per share
Direct holdings after transactions
9,808 shares
Common stock directly owned after May 8, 2026 activity
Indirect holdings (wife’s trust)
21,085 shares
Common stock held by trust where wife is beneficiary
Indirect holdings (children’s trust)
8,000 shares
Common stock held by trust where children are beneficiaries
Key Terms
bona fide gift, indirect ownership, grant, award, or other acquisition, Common Stock
4 terms
bona fide gift financial
"transaction code description is listed as "Bona fide gift" for two entries"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"ownership_type is marked as "indirect" for trust-held common stock"
grant, award, or other acquisition financial
"transaction_code "A" is described as "Grant, award, or other acquisition""
Common Stock financial
"security_title is specified as "Common Stock" for all transactions"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Mueller Industries (MLI) director Charles P. Herzog Jr. report?
Director Charles P. Herzog Jr. reported two bona fide gifts of 1,222 Mueller Industries common shares each and one award acquisition of 1,222 shares. These were recorded on May 8, 2026 and affected both his direct and trust-held positions in the stock.
What are Herzog’s direct and indirect Mueller Industries (MLI) holdings after these transactions?
After these transactions, Herzog directly owns 9,808 Mueller Industries common shares. He also indirectly owns 21,085 shares through a trust for his wife and 8,000 shares through a trust for his children, as reflected in the reported post-transaction balances.
Do the Mueller Industries (MLI) Form 4 transactions involve open-market buying or selling?
No open-market buying or selling is reported. The transactions are coded as bona fide gifts and an award acquisition, all at a reported price of $0.00 per share. This indicates non-market transfers and compensation-related activity rather than trading on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
