Mueller Industries grants EVP 6,000 restricted stock
Pieralisi Daniel reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Pieralisi Daniel reported acquisition or exercise transactions in this Form 4 filing.
MUELLER INDUSTRIES INC Executive VP - Admin Daniel Pieralisi received a grant of 6,000 shares of performance-based restricted common stock on August 5, 2026 at a reported price of $0.0000 per share. The award may be earned between 0% and 200% of this target based on adjusted EBITDA performance from December 28, 2025 through December 30, 2028 and vests on July 30, 2031.
Following a 2-for-1 stock split on June 30, 2026 that added 42,458 shares via stock dividend, Pieralisi holds 89,108 shares of common stock directly after the reported grant and split-related share issuance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,000 shares
Grant/Award
1 txn
Insider
Pieralisi Daniel
Role
Executive VP - Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 6,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 89,108 shares (Direct)
Footnotes (2)
- 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, 2031.
- 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 42,458 shares of common stock.
Key Figures
Restricted stock grant: 6,000 shares
Grant price: $0.0000 per share
Shares after transaction: 89,108 shares
+5 more
8 metrics
Restricted stock grant
6,000 shares
Performance-based common stock awarded to Daniel Pieralisi on August 5, 2026
Grant price
$0.0000 per share
Reported transaction price per share for the restricted stock award
Shares after transaction
89,108 shares
Direct common stock held by Daniel Pieralisi following the grant and stock split
Stock split ratio
2-for-1
Common stock split effected on June 30, 2026 via stock dividend
Shares from split
42,458 shares
Additional common shares received by Daniel Pieralisi in the June 30, 2026 split
Performance payout range
0% to 200% of target
Range of shares earnable relative to the 6,000-share performance-based award
Performance measurement period
December 28, 2025 to December 30, 2028
Three-year period over which adjusted EBITDA is measured for the award
Vesting date
July 30, 2031
Scheduled vesting date for the performance-based restricted stock
Key Terms
performance-based restricted stock, adjusted EBITDA, 2-for-1 stock split
3 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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mueller Industries (MLI) report for Daniel Pieralisi?
Mueller Industries reported that Executive VP - Admin Daniel Pieralisi received 6,000 shares of performance-based restricted common stock on August 5, 2026 at a stated price of $0.0000 per share. This equity award increased his directly held common stock position.
What are the performance conditions on Daniel Pieralisi’s Mueller Industries (MLI) restricted stock award?
The performance-based restricted stock may be earned between 0% and 200% of the 6,000-share target. Payout depends on Mueller Industries’ actual performance versus an adjusted EBITDA target during the three-year period from December 28, 2025 through December 30, 2028.
How did Mueller Industries’ (MLI) June 30, 2026 stock split affect Daniel Pieralisi’s holdings?
On June 30, 2026, Mueller Industries effected a 2-for-1 stock split in the form of a stock dividend. As a result, Daniel Pieralisi received an additional 42,458 shares of common stock, which contributed significantly to his post-transaction total of 89,108 shares.
Was Daniel Pieralisi’s Mueller Industries (MLI) equity award made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming that this performance-based restricted stock award was executed under a Rule 10b5-1 trading plan. The transaction is reported as a grant or award acquisition rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
