M-tron Industries (MPTI) director exercises 1,625 warrants into 325 shares

Rhea-AI Filing Summary

M-tron Industries director David M. Goldman reported exercising derivative securities into common stock. On 12/23/2025, he exercised 1,625 Common Stock Warrants (right to purchase), which resulted in acquiring 325 shares of Common Stock at an exercise price of $47.50 per share. After this transaction, he directly owned 2,357 shares of Common Stock and 5 Common Stock Warrants.

These Warrants were originally distributed as a dividend on April 25, 2025, with holders receiving one Warrant for each share of Common Stock held as of March 10, 2025. Each five Warrants entitle the holder to purchase one share of Common Stock at $47.50 per share, subject to adjustments under the Warrant terms.

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
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^*

Goldman David M

(Last) (First) (Middle)

2525 SHADER RD

(Street)

ORLANDO FL 32804

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/23/2025		X		325	A	$47.5	2,357	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
Common Stock Warrants (right to purchase)	$47.5(1)	12/23/2025		X		1,625		10/23/2025	12/23/2025	Common Stock	325	$0	5	D

Explanation of Responses:

1. On April 25, 2025, holders of the Issuer's Common Stock, par value $0.01 per share (the "Common Stock"), received a dividend of one Common Stock Warrant (the "Warrants") for each share of Common Stock held by such holder as of March 10, 2025. When exercisable, five (5) Warrants will entitle their holder to purchase one share of Common Stock at an exercise price of $47.50 per share, as may be adjusted in accordance with the terms of the Warrants.

	/s/ David M. Goldman	01/07/2026
	** 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.

FAQ

What insider transaction did M-tron Industries (MPTI) report for David M. Goldman?

On 12/23/2025, director David M. Goldman exercised 1,625 Common Stock Warrants (right to purchase), receiving 325 shares of M-tron Industries Common Stock.

At what price were the MPTI warrants exercised in this insider transaction?

The exercised Warrants entitled the holder to purchase Common Stock at an exercise price of $47.50 per share, as described in the footnote to the filing.

How many M-tron Industries (MPTI) shares does David M. Goldman own after this transaction?

Following the reported transaction on 12/23/2025, David M. Goldman directly owned 2,357 shares of M-tron Industries Common Stock.

How many MPTI warrants does David M. Goldman hold after the reported exercise?

After exercising 1,625 Common Stock Warrants, the filing shows that 5 Common Stock Warrants remained beneficially owned by David M. Goldman.

How were the M-tron Industries (MPTI) Common Stock Warrants originally issued?

On April 25, 2025, holders of M-tron Industries Common Stock received a dividend of one Common Stock Warrant for each share held as of March 10, 2025, with every five Warrants allowing the purchase of one Common share at $47.50 per share.

What is the relationship of David M. Goldman to M-tron Industries (MPTI)?

The filing identifies David M. Goldman as a director of M-tron Industries, Inc. and confirms the Form 4 is filed by one reporting person.