Mueller Industries CEO granted 125,000 performance shares
Christopher Gregory L. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Christopher Gregory L. reported acquisition or exercise transactions in this Form 4 filing.
Mueller Industries Inc. reported that Chairman and CEO Christopher Gregory L. received a grant of 125,000 shares of performance-based restricted common stock on August 5, 2026, at a price of $0.00 per share. The shares may be earned between 0% and 200% of this target based on adjusted EBITDA performance over the period from December 28, 2025 through December 30, 2028, with vesting on July 30, 2029. After this award and a previously effected 2-for-1 stock split on June 30, 2026, he holds 1,798,850 shares directly, plus additional indirect holdings through family members and trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 125,000 shares
Grant/Award
5 txns
Insider
Christopher Gregory L.
Role
Chairman of the Board & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 125,000 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,798,850 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 (6)
- F1. Represents performance-based restricted stock, which may be earned between 0% and 200% of the target amount reported herein based upon the Issuer's actual performance as compared with an adjusted EBITDA target during the three-year period from December 28, 2025 through December 30, 2028. The vesting date is July 30, 2029.
- 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 804,911 shares of common stock.
- F3. 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 13,600 shares of common stock.
- F4. 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 134,392 shares of common stock.
- F5. 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 72,520 shares of common stock.
- F6. 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 70,000 shares of common stock.
Key Figures
Performance-based restricted stock grant: 125,000 shares
Direct holdings after transaction: 1,798,850 shares
Indirect holdings by children: 27,200 shares
+5 more
8 metrics
Performance-based restricted stock grant
125,000 shares
Target number of shares granted to CEO on August 5, 2026
Direct holdings after transaction
1,798,850 shares
Common stock directly held by CEO following the award and split
Indirect holdings by children
27,200 shares
Common stock held indirectly by children after stock split
Indirect holdings by spouse
268,784 shares
Common stock held indirectly by spouse after stock split
Trust holdings (CEO beneficiary)
145,040 shares
Common stock held in trust where CEO is beneficiary
Trust holdings (spouse beneficiary)
140,000 shares
Common stock held in trust where spouse is beneficiary
Additional direct shares from split
804,911 shares
Shares received by CEO in 2-for-1 stock split on June 30, 2026
Performance payout range
0%–200% of 125,000 shares
Range of shares that may be earned based on adjusted EBITDA performance
Key Terms
performance-based restricted stock, adjusted EBITDA, 2-for-1 stock split, stock dividend
4 terms
performance-based restricted stock financial
"Represents performance-based restricted stock, which may be earned between 0% and 200%"
Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.
adjusted EBITDA financial
"based upon the Issuer's actual performance as compared with an adjusted EBITDA target"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
2-for-1 stock split financial
"the Issuer effected a 2-for-1 stock split of its common stock"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MLI report for CEO Christopher Gregory L.?
Mueller Industries reported that CEO Christopher Gregory L. received a grant of 125,000 shares of performance-based restricted common stock on August 5, 2026, at $0.00 per share. This is an equity award rather than an open-market purchase or sale.
How did Mueller Industries’ June 30, 2026 stock split affect the CEO’s holdings?
On June 30, 2026, Mueller Industries effected a 2-for-1 stock split via stock dividend. As a result, Christopher Gregory L. received an additional 804,911 directly held shares, plus extra shares in family and trust accounts, all reported as part of his updated ownership.
Were the reported MLI insider transactions made under a Rule 10b5-1 trading plan?
The Rule 10b5-1(c) checkbox for this Mueller Industries Form 4 is not checked, and the footnotes do not describe any trading plan. The reported activity consists of an equity award and stock-split-related share increases, not scheduled plan-based market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
