STOCK TITAN

M-tron Industries (MPTI) president sells 361 shares for tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

M-tron Industries, Inc. President William Arnold Drafts reported a small open-market sale of company stock. He sold 361 shares of Common Stock at $66.78 per share on May 4, 2026, with the sale described as satisfying tax withholding obligations tied to the vesting of 1,214 restricted shares on April 30, 2026.

Following the sale, he directly holds 13,816 Common Stock shares and a stock option covering 12,500 underlying shares at an exercise price of $40.32 per share, expiring on April 4, 2030. The option vests in stages through April 4, 2028.

Positive

  • None.

Negative

  • None.
Insider Drafts William Arnold
Role President
Sold 361 shs ($24K)
Type Security Shares Price Value
Sale Common Stock 361 $66.78 $24K
holding Stock Option (right to buy) -- -- --
Holdings After Transaction: Common Stock — 13,816 shares (Direct, null); Stock Option (right to buy) — 12,500 shares (Direct, null)
Footnotes (1)
  1. Shares were sold to satisfy tax withholding obligations in connection with the vesting of 1,214 shares of restricted stock on April 30, 2026. Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
Shares sold 361 shares Open-market sale on May 4, 2026
Sale price $66.78 per share Price for 361 common shares sold
Shares held after sale 13,816 shares Direct Common Stock holdings post-transaction
Option underlying shares 12,500 shares Underlying Common Stock for stock option
Option exercise price $40.32 per share Exercise price of stock option
Option expiration April 4, 2030 Expiration date of stock option
Restricted shares vested 1,214 shares Restricted stock vesting on April 30, 2026
tax withholding obligations financial
"Shares were sold to satisfy tax withholding obligations in connection with the vesting of 1,214 shares"
restricted stock financial
"in connection with the vesting of 1,214 shares of restricted stock on April 30, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option (right to buy) financial
"Stock Option (right to buy)"
vesting financial
"Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028"
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.
underlying security financial
"underlying_security_title: "Common Stock", underlying_security_shares: "12500.0000""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Drafts William Arnold

(Last)(First)(Middle)
2525 SHADER RD

(Street)
ORLANDO FLORIDA 32804

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
M-tron Industries, Inc. [ MPTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/04/2026S361(1)D$66.7813,816D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$40.3204/04/2026(2)04/04/2030Common Stock12,50012,500D
Explanation of Responses:
1. Shares were sold to satisfy tax withholding obligations in connection with the vesting of 1,214 shares of restricted stock on April 30, 2026.
2. Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
/s/ William A. Drafts05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did M-tron Industries (MPTI) President William Arnold Drafts report in this Form 4?

He reported selling 361 shares of M-tron Industries Common Stock. The shares were sold at $66.78 each and the filing states the sale was to satisfy tax withholding obligations related to recently vested restricted stock.

How many M-tron Industries (MPTI) shares does William Arnold Drafts hold after the transaction?

After the transaction, he directly holds 13,816 shares of M-tron Industries Common Stock. This figure reflects his position following the 361-share sale reported on May 4, 2026, according to the Form 4 filing details.

Why were MPTI shares sold by President William Arnold Drafts according to the filing?

The filing states the shares were sold to satisfy tax withholding obligations. These obligations arose from the vesting of 1,214 shares of restricted stock on April 30, 2026, making the sale a tax-related transaction rather than a purely discretionary trade.

What stock options does MPTI President William Arnold Drafts retain after this Form 4?

He holds a stock option covering 12,500 underlying shares of M-tron Industries Common Stock. The option has an exercise price of $40.32 per share, expires on April 4, 2030, and vests 30%, 30%, and 40% over three annual dates.

What was the price per share in the MPTI stock sale reported by William Arnold Drafts?

The 361 M-tron Industries Common Stock shares were sold at $66.78 per share. This sale price is disclosed in the Form 4 and applies specifically to the tax-related sale executed on May 4, 2026.