M-tron Industries (MPTI) EVP sells shares to cover taxes on stock award
Rhea-AI Filing Summary
M-tron Industries, Inc. (MPTI) reported that Executive VP - Finance Linda M. Biles sold 1,218 shares of common stock on 2026-08-11 to cover tax withholding obligations related to the vesting of a restricted stock award. The weighted average sale price was $85.05 per share, with individual trades executed between $84.62 and $85.44 under Rule 144. Following this transaction, she directly owns 28,723 common shares and holds a stock option for 10,000 shares at an exercise price of $40.32, expiring on 2030-04-04, vesting 30% on 2026-04-04, 30% on 2027-04-04, and 40% on 2028-04-04.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,218 shares
Net Buy
2 txns
Insider
Biles Linda M
Role
Executive VP - Finance
Sold
1,218 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,218 | $85.05 | $104K |
| holding | Stock Option (right to buy) F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,723 shares (Direct);
Stock Option (right to buy) — 10,000 shares (Direct)
Footnotes (3)
- F1. Represents shares sold to cover tax withholding obligations in connection with the vesting of a restricted stock award.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.62 to $85.44, inclusive. The shares were sold pursuant to Rule 144 under the Securities Act of 1933, as amended, and a Form 144 was filed in connection with such sale. The reporting person undertakes to provide to the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. 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: 1,218 shares
Weighted average sale price: $85.05 per share
Sale price range: $84.62 to $85.44 per share
+5 more
8 metrics
Shares sold
1,218 shares
Common stock sold on 2026-08-11 to cover tax withholding obligations
Weighted average sale price
$85.05 per share
Average price for 1,218 MPTI shares sold on 2026-08-11
Sale price range
$84.62 to $85.44 per share
Price range of multiple transactions included in the reported sale
Shares owned after transaction
28,723 shares
Direct MPTI common stock holdings of Linda M. Biles following the sale
Option underlying shares
10,000 shares
Shares underlying stock option (right to buy) held directly
Option exercise price
$40.32 per share
Exercise price of the 10,000-share stock option
Option expiration date
2030-04-04
Expiration date of the stock option (right to buy) on MPTI shares
Option vesting schedule
30%/30%/40%
Vesting 30% on 2026-04-04, 30% on 2027-04-04, 40% on 2028-04-04
Key Terms
Rule 144, weighted average price, restricted stock award, tax withholding obligations, +1 more
5 terms
Rule 144 regulatory
"The shares were sold pursuant to Rule 144 under the Securities Act of 1933"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock award financial
"in connection with the vesting of a restricted stock award"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax withholding obligations financial
"shares sold to cover tax withholding obligations in connection with the vesting"
Stock Option (right to buy) financial
"Stock Option (right to buy) ... underlying security title: Common Stock"
FAQ
What insider transaction did MPTI executive Linda M. Biles report on this Form 4?
Linda M. Biles reported selling 1,218 MPTI shares on 2026-08-11. The sale covered tax withholding obligations from a restricted stock vesting, at a $85.05 weighted average price with trades from $84.62 to $85.44 under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.
