Mueller Industries (NYSE: MLI) CEO gets 270,000-share award
Rhea-AI Filing Summary
Mueller Industries reported insider equity changes by Chairman and CEO Christopher L. Gregory on 30 July 2026. He received a grant of 270,000 shares of common stock, which will vest on 30 July 2026. To satisfy tax or exercise obligations, 205,972 shares of common stock were delivered or withheld at $66.57 per share. He also reports indirect common-stock holdings through children, spouse, and family trusts.
Positive
- None.
Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 64,028 shares
Net Buy
6 txns
Insider
Christopher Gregory L.
Role
Chairman of the Board & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 270,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 205,972 | $66.57 | $13.71M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,673,850 shares (Direct);
Common Stock — 27,200 shares (Indirect, by children);
Common Stock — 268,784 shares (Indirect, by spouse);
Common Stock — 145,040 shares (Indirect, by trust where he is beneficiary);
Common Stock — 140,000 shares (Indirect, by trust where spouse is beneficiary)
Footnotes (1)
- F1. These shares will vest on 7/30/2026.
Key Figures
Stock award: 270,000 shares
Shares withheld for taxes/exercise: 205,972 shares
Withholding price per share: $66.57
+4 more
7 metrics
Stock award
270,000 shares
Common stock granted to Chairman & CEO on 2026-07-30
Shares withheld for taxes/exercise
205,972 shares
Common shares delivered or withheld to satisfy tax or exercise obligations on 2026-07-30
Withholding price per share
$66.57
Per-share value used for the 205,972-share tax or exercise-price disposition
Indirect holdings by children
27,200 shares
Common stock held indirectly by children after 2026-07-30
Indirect holdings by spouse
268,784 shares
Common stock held indirectly by spouse after 2026-07-30
Trust holdings (CEO beneficiary)
145,040 shares
Common stock held in a trust where Christopher L. Gregory is beneficiary
Trust holdings (spouse beneficiary)
140,000 shares
Common stock held in a trust where his spouse is beneficiary
Key Terms
payment of exercise price or tax liability by delivering or withholding securities, exercise-price-or-tax-liability disposition, beneficiary, vest
4 terms
payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction coded as payment of exercise price or tax liability by delivering or withholding securities"
exercise-price-or-tax-liability disposition financial
"Transaction_action described as exercise-price-or-tax-liability disposition for common stock"
beneficiary financial
"Indirect ownership noted as by trust where he is beneficiary"
vest financial
"Footnote states these shares will vest on 7/30/2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did Mueller Industries (MLI) grant to its CEO?
Mueller Industries granted CEO Christopher L. Gregory 270,000 shares of common stock. According to the disclosure, these shares are scheduled to vest on 7/30/2026, indicating a time-based equity incentive rather than an immediate cash compensation award.
Were the recent MLI CEO equity transactions under a Rule 10b5-1 plan?
The SEC report indicates the Rule 10b5-1 checkbox was not marked for these transactions. That means the reported grant and share withholding were not affirmatively designated as being executed under a pre-arranged Rule 10b5-1 trading plan.
Does the recent MLI insider activity represent a market buy or sell by the CEO?
The disclosure combines a stock grant of 270,000 shares with share withholding of 205,972 shares for tax or exercise obligations. It does not report any open-market purchase or sale transactions coded as buys or sells.