M-tron Industries (MPTI) president sells 361 shares for tax withholding
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 361 shares ($24,108)
Net Sell
2 txns
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)
- 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.
Key Figures
Shares sold: 361 shares
Sale price: $66.78 per share
Shares held after sale: 13,816 shares
+4 more
7 metrics
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
Key Terms
tax withholding obligations, restricted stock, Stock Option (right to buy), vesting, +1 more
5 terms
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""
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.
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.