M-tron Industries (MPTI) EVP sells shares to cover taxes after vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
M-tron Industries Executive VP of Finance Linda M. Biles reported a small tax-related share sale. On May 4, 2026, she sold 306 shares of common stock at $66.78 per share to satisfy tax withholding obligations tied to the vesting of 1,029 restricted shares on April 30, 2026. After the sale, she directly holds 28,376 common shares. She also holds a stock option covering 10,000 common shares at an exercise price of $40.32 per share, expiring on April 4, 2030, vesting 30% on April 4, 2026, 30% on April 4, 2027, and 40% on April 4, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 306 shares ($20,435)
Net Sell
2 txns
Insider
Biles Linda M
Role
Executive VP - Finance
Sold
306 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 306 | $66.78 | $20K |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,376 shares (Direct, null);
Stock Option (right to buy) — 10,000 shares (Direct, null)
Footnotes (1)
- Shares were sold to satisfy tax withholding obligations in connection with the vesting of 1,029 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: 306 shares
Sale price: $66.78 per share
Shares held after sale: 28,376 shares
+4 more
7 metrics
Shares sold
306 shares
Common stock sold on May 4, 2026
Sale price
$66.78 per share
Price for 306 common shares sold
Shares held after sale
28,376 shares
Common stock directly owned after transaction
Option underlying shares
10,000 shares
Common shares underlying stock option
Option exercise price
$40.32 per share
Stock option strike price
Option expiration
April 4, 2030
Stock option expiration date
Restricted shares vested
1,029 shares
Restricted stock vested on April 30, 2026
Key Terms
restricted stock, tax withholding obligations, stock option, vesting
4 terms
restricted stock financial
"vesting of 1,029 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.
tax withholding obligations financial
"Shares were sold to satisfy tax withholding obligations in connection with the vesting"
stock option financial
"Stock options of the Issuer vesting as follows: 30% on 4/4/2026"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting financial
"Stock options of the Issuer vesting as follows: 30% on 4/4/2026"
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.
FAQ
What insider transaction did M-tron Industries (MPTI) report for Linda M. Biles?
M-tron Industries reported that Executive VP of Finance Linda M. Biles sold 306 common shares at $66.78 per share. The sale was specifically to cover tax withholding obligations from recently vested restricted stock, rather than a discretionary portfolio decision.
What stock options does Linda M. Biles hold in M-tron Industries (MPTI)?
Linda M. Biles holds a stock option covering 10,000 common shares at an exercise price of $40.32 per share. The option expires on April 4, 2030 and vests 30% in 2026, 30% in 2027, and 40% in 2028.