Mueller Industries (NYSE: MLI) director sells 2,000 shares in plan trade
Rhea-AI Filing Summary
MUELLER INDUSTRIES INC (MLI) director Scott Jay Goldman reported a sale of common stock. On 2026-08-27, he sold 2,000 shares of common stock in an open-market or private transaction at $64.08 per share, pursuant to a previously disclosed Rule 10b5-1 trading plan. After this sale and giving effect to a previously effected 2-for-1 stock split in the form of a stock dividend, he reported owning 79,734 shares of Mueller Industries common stock, which may be deemed to be beneficially owned by him.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
1 txn
Insider
GOLDMAN SCOTT JAY
Role
Director
Sold
2,000 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,000 | $64.08 | $128K |
Holdings After Transaction:
Common Stock — 79,734 shares (Direct)
Footnotes (2)
- F1. This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person. The sale was effected pursuant to a previously disclosed Rule 10b5-1 trading plan.
- F2. On June 30, 2026, the Issuer effected a 2-for-1 stock split of its common stock in the form of a stock dividend, as a result of which the Reporting Person received an additional 40,867 shares of common stock.
Key Figures
Shares sold: 2,000 shares of common stock
Sale price per share: $64.08 per share
Shares owned after transaction: 79,734 shares of common stock
+2 more
5 metrics
Shares sold
2,000 shares of common stock
Sale reported on 2026-08-27
Sale price per share
$64.08 per share
Price for 2,000 shares sold on 2026-08-27
Shares owned after transaction
79,734 shares of common stock
Beneficial ownership reported following the sale and reflecting the split
Additional shares from stock split
40,867 shares of common stock
Received due to 2-for-1 stock split on June 30, 2026
Stock split ratio
2-for-1 stock split
Common stock split in the form of a stock dividend on June 30, 2026
Key Terms
Rule 10b5-1 trading plan, beneficially owned, stock split, stock dividend
4 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a previously disclosed Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
beneficially owned financial
"sale of shares which may be deemed to be beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
stock split financial
"the Issuer effected a 2-for-1 stock split of its common stock"
A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.
stock dividend financial
"2-for-1 stock split of its common stock in the form of a stock dividend"
A stock dividend is when a company gives its existing shareholders extra shares instead of cash. It’s like receiving more pieces of the same pie rather than a bigger piece of money, which can increase the number of shares you own but usually doesn’t change the total value of your investment right away. Investors care about it because it can signal the company's growth and affect the stock’s price.
FAQ
What insider transaction did MLI director Scott Jay Goldman report on this Form 4?
Scott Jay Goldman reported a sale of 2,000 shares of Mueller Industries common stock on 2026-08-27 in an open-market or private transaction at $64.08 per share, under a previously disclosed Rule 10b5-1 trading plan.
What are Scott Jay Goldman’s reported holdings in MLI after this transaction?
Following the reported transaction, and reflecting a prior 2-for-1 stock split, Scott Jay Goldman reported beneficial ownership of 79,734 shares of Mueller Industries common stock.
Was Scott Jay Goldman’s MLI stock sale under a Rule 10b5-1 trading plan?
Yes. A footnote states the sale was effected pursuant to a previously disclosed Rule 10b5-1 trading plan, indicating the trades were pre-arranged under that plan.
How did the 2-for-1 stock split affect Scott Jay Goldman’s MLI holdings?
A footnote states that on June 30, 2026, Mueller Industries effected a 2-for-1 stock split in the form of a stock dividend, and as a result Scott Jay Goldman received an additional 40,867 shares of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.