M-tron President granted 2,428 restricted shares
M-tron Industries, Inc. President William Arnold Drafts received an award of 2,428 shares of Common Stock as a grant, with no cash paid per share.
Rhea-AI Filing Summary
M-tron Industries, Inc. President William Arnold Drafts received an award of 2,428 shares of Common Stock as a grant, with no cash paid per share. These are restricted shares, vesting in two equal installments of 1,214 shares on April 30, 2026 and April 30, 2027.
Following the grant, he directly holds 14,177 shares of Common Stock. He also holds stock options covering 12,500 underlying shares at an exercise price of $40.3200 per share, expiring on April 4, 2030, with the options vesting 30% on April 4, 2026, 30% on April 4, 2027, and 40% on April 4, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,428 shares
Grant/Award
2 txns
Insider
Drafts William Arnold
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,428 | $0.00 | $0.00 |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,177 shares (Direct);
Stock Option (right to buy) — 12,500 contracts (Direct)
Footnotes (2)
- F1. Restricted shares, subject to the following vesting: 1,214 shares on 4/30/2026 and 1,214 shares on 4/30/2027.
- F2. Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
Key Figures
Restricted share grant: 2,428 shares
Post-grant common holdings: 14,177 shares
Option exercise price: $40.3200 per share
+5 more
8 metrics
Restricted share grant
2,428 shares
Common Stock award on April 2, 2026
Post-grant common holdings
14,177 shares
Total Common Stock directly held after transaction
Option exercise price
$40.3200 per share
Stock Option (right to buy) exercise price
Underlying option shares
12,500 shares
Common Stock underlying outstanding stock options
Option expiration
April 4, 2030
Expiration date for reported stock options
Option vesting 2026
30%
Portion of options vesting on April 4, 2026
Option vesting 2027
30%
Portion of options vesting on April 4, 2027
Option vesting 2028
40%
Portion of options vesting on April 4, 2028
Key Terms
Restricted shares, Stock Option (right to buy), vesting, exercise price, +1 more
5 terms
Stock Option (right to buy) financial
"Stock Option (right to buy) with underlying Common Stock shares"
vesting financial
"Restricted shares, subject to the following vesting: 1,214 shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price: "40.3200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2030-04-04T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MPTI President William Drafts report in this Form 4 filing?
He reported a compensation-related grant of 2,428 restricted Common Stock shares, with no cash paid per share, increasing his direct holdings to 14,177 shares. The filing also details his existing stock options and their vesting schedule.
When do William Drafts' MPTI stock options vest according to the filing?
The options vest over three tranches: 30% on April 4, 2026, another 30% on April 4, 2027, and the remaining 40% on April 4, 2028. Vesting must occur before options can be exercised for shares.
Is the transaction in MPTI stock a market purchase or sale by William Drafts?
No market trade occurred. The Form 4 shows a grant or award acquisition of 2,428 restricted shares at a price of $0.0000 per share, indicating a compensation award rather than an open-market buy or sell.
AI-generated analysis. How Rhea-AI works. Not financial advice.
