Marc Gabelli exercises M-tron (MPTI) subscription rights to add 3,276 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
M-tron Industries director Marc Gabelli exercised subscription rights to acquire additional common stock. On April 20, 2026, he exercised rights to purchase 3,276 shares of Common Stock at $59.00 per share. Following the transaction, he directly holds 45,840 shares of M-tron Industries common stock.
The exercised rights came from a rights distribution in which each common share held as of March 27, 2026 received one subscription right. Five rights entitled the holder to buy one common share at $59.00, and all reported rights in this filing were fully exercised, leaving no remaining rights position.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,380 shares exercised/converted
Mixed
2 txns
Insider
GABELLI MARC
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| X | Subscription Rights (right to purchase) | 16,380 | $0.00 | -- |
| X | Common Stock | 3,276 | $59.00 | $193K |
Holdings After Transaction:
Subscription Rights (right to purchase) — 0 shares (Direct, null);
Common Stock — 45,840 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common shares acquired: 3,276 shares
Exercise price: $59.00 per share
Subscription rights exercised: 16,380 rights
+3 more
6 metrics
Common shares acquired
3,276 shares
Common Stock acquired via rights exercise on April 20, 2026
Exercise price
$59.00 per share
Subscription rights exercise price for Common Stock
Subscription rights exercised
16,380 rights
Rights converted into 3,276 Common Stock shares
Post-transaction holdings
45,840 shares
Total Common Stock directly held after the exercise
Rights-to-share ratio
5 rights per share
Five rights entitle purchase of one Common Stock share
Rights record date
March 27, 2026
Date for determining holders receiving subscription rights
Key Terms
Subscription Rights, Exercise of in-the-money or at-the-money derivative security, Common Stock, exercise price
4 terms
Subscription Rights financial
"holders of the Issuer's common stock... received one subscription right (the "Rights")"
Subscription rights are short-term privileges given to existing shareholders to buy additional new shares before the general public, typically at a set price and in proportion to their current holdings. Think of it as getting a coupon for first dibs on extra slices of a pizza so your share of the pie doesn’t shrink; exercising them can be a cheaper way to maintain your ownership and voting power, while ignoring them can reduce your stake and potential future earnings.
Exercise of in-the-money or at-the-money derivative security financial
"transaction_code_description": "Exercise of in-the-money or at-the-money derivative security"
Common Stock financial
"one subscription right... for each share of Common Stock held"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
exercise price financial
"five (5) Rights entitle their holder to purchase one share of Common Stock at an exercise price of $59.00 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did MPTI director Marc Gabelli report on April 20, 2026?
Marc Gabelli reported exercising subscription rights to acquire common stock. He used rights to purchase 3,276 shares of M-tron Industries, Inc. Common Stock at $59.00 per share, increasing his direct holdings to 45,840 shares after the transaction.
What was the exercise price for the MPTI subscription rights used by Marc Gabelli?
The subscription rights allowed purchases at an exercise price of $59.00 per share. Five rights entitled the holder to buy one share of M-tron Industries common stock at this fixed price under the rights distribution described in the footnote.
How many MPTI subscription rights did Marc Gabelli exercise in this Form 4 filing?
He exercised 16,380 subscription rights. Under the terms of the distribution, five rights were needed to purchase one share, resulting in the acquisition of 3,276 shares of M-tron Industries, Inc. common stock at the stated $59.00 exercise price.