Director Bel Lazar receives annual stock grant at M-tron (MPTI)

Rhea-AI Filing Summary

LAZAR BEL reported acquisition or exercise transactions in this Form 4 filing.

M-tron Industries director Bel Lazar received an annual stock grant of 242 shares of Common Stock as a non-employee director. The shares were awarded on March 19, 2026 at a stated price of $0.00 per share, reflecting equity compensation rather than a market purchase. Following this grant, Lazar directly holds 6,845 shares of M-tron Industries common stock. This appears to be a routine equity award for board service rather than an open-market transaction.

Insights

Equity compensation and governance analyst

Routine, small equity grant to a non-employee director.

Director Bel Lazar received 242 shares of M-tron Industries common stock as an annual stock grant for non-employee board service. The grant price is listed as $0.00 per share, indicating compensation rather than a market trade.

After the award, Lazar holds 6,845 common shares directly, so this grant modestly increases his equity stake. There are no derivatives or option exercises disclosed, and no indication of a trading plan or sales activity, making this a straightforward, routine compensation event.

SEC Form 4

FORM 4

UNITED 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
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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^*

LAZAR BEL

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/19/2026		A		242(1)	A	$0	6,845	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Annual stock grant to non-employee director.

	/s/ Bel Lazar	03/23/2026
	** Signature of Reporting Person	Date
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 MPTI director Bel Lazar report in this Form 4 filing?

Director Bel Lazar reported receiving an annual stock grant of 242 shares of M-tron Industries common stock. The grant was made as compensation for serving as a non-employee director and increased his direct holdings to 6,845 common shares after the transaction.

Was Bel Lazar’s MPTI stock transaction a market purchase or a grant?

The transaction was a grant, not a market purchase. The Form 4 shows a transaction code "A" with a price of $0.00 per share and footnotes describing it as an annual stock grant to a non-employee director for board service.

How many MPTI shares does director Bel Lazar own after this grant?

After receiving the 242-share stock grant, director Bel Lazar directly owns 6,845 shares of M-tron Industries common stock. This total reflects his holdings immediately following the reported transaction on March 19, 2026, as shown in the Form 4 filing data.

Does the Bel Lazar Form 4 for MPTI include any stock sales?

The Form 4 for director Bel Lazar shows no stock sales. It reports a single acquisition transaction coded "A" for 242 shares as an annual stock grant, with zero sell transactions and no derivative exercises or tax-withholding dispositions indicated in the transaction summary.

Is the MPTI Form 4 transaction for Bel Lazar part of routine director compensation?

Yes. The footnote describes the 242-share award as an annual stock grant to a non-employee director. This language indicates it is routine equity compensation for board service, rather than a discretionary open-market trade or unusual one-time equity transaction.

Does Bel Lazar hold any MPTI derivative securities in this Form 4?

No derivative securities are listed for Bel Lazar in this Form 4. The derivative summary is empty, and the only reported position involves common stock, indicating no visible options, warrants, or other derivative holdings in this particular filing snapshot.