Mueller Industries director exercises stock options
Mueller Industries director Gary S. Gladstein exercised stock options for 9,778 shares of common stock at $12.625 per share on May 1, 2026.
Rhea-AI Filing Summary
Mueller Industries director Gary S. Gladstein exercised stock options for 9,778 shares of common stock at $12.625 per share on May 1, 2026. As part of the same event, 919 shares were disposed of in a tax-withholding disposition at $134.24 per share, meaning they were withheld to cover taxes rather than sold on the open market.
Following these transactions, Gladstein holds 30,878 common shares directly and 290,206 common shares indirectly through a trust where he serves as beneficiary. The filing shows a routine option exercise combined with tax withholding, with no open-market buying or selling.
Insider Trade Summary
9,778 shares exercised/converted
Exercise
4 txns
Insider
GLADSTEIN GARY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right-to-Buy) | 9,778 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,778 | $12.625 | $123K |
| Exercise Price or Tax Liability | Common Stock | 919 | $134.24 | $123K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right-to-Buy) — 0 contracts (Direct);
Common Stock — 30,878 shares (Direct);
Common Stock — 290,206 shares (Indirect, trust where he serves as beneficiary)
Key Figures
Options exercised: 9,778 shares
Exercise price: $12.625 per share
Tax-withheld shares: 919 shares
+4 more
7 metrics
Options exercised
9,778 shares
Common Stock, exercised on May 1, 2026
Exercise price
$12.625 per share
Stock Option (Right-to-Buy) conversion price
Tax-withheld shares
919 shares
Disposed in tax-withholding at $134.24 per share
Tax-withholding price
$134.24 per share
Value used for 919-share tax-withholding disposition
Direct holdings after transaction
30,878 shares
Common Stock held directly after May 1, 2026
Indirect holdings via trust
290,206 shares
Common Stock held indirectly through a trust
Option expiration date
May 4, 2026
Expiration of exercised Stock Option (Right-to-Buy)
Key Terms
tax-withholding disposition, Stock Option (Right-to-Buy), derivative security, indirect ownership, +1 more
5 terms
tax-withholding disposition financial
"919 shares were disposed of in a tax-withholding disposition at $134.24 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Option (Right-to-Buy) financial
"security_title: Stock Option (Right-to-Buy) with 9,778 underlying shares"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: trust where he serves as beneficiary"
beneficiary financial
"nature_of_ownership: trust where he serves as beneficiary"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gary S. Gladstein report at Mueller Industries (MLI)?
Gary S. Gladstein reported exercising stock options for 9,778 shares of Mueller Industries common stock. The transaction occurred on May 1, 2026 and was paired with a tax-related share disposition, reflecting a routine compensation-related event rather than an open-market trade.
What are Gary S. Gladstein’s direct holdings in Mueller Industries after the transactions?
After the reported transactions, Gladstein directly owns 30,878 shares of Mueller Industries common stock. This figure reflects his direct holdings following the option exercise and associated tax-withholding disposition reported in the Form 4 filed for May 1, 2026.
What indirect Mueller Industries holdings does Gladstein report through a trust?
Gladstein reports indirect ownership of 290,206 Mueller Industries common shares through a trust where he serves as beneficiary. This indirect stake is separate from his directly held shares and is disclosed to show his broader economic interest associated with the trust structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
