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Equity awards to M-tron Industries (MPTI) president include 12,500 options

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

M-tron Industries’ president, William Arnold Drafts, received a grant of 2,840 restricted common shares on March 19, 2026, at no cash cost. These shares vest in tranches through 2029. Following this award, he directly holds 16,656 common shares and stock options for 12,500 shares at a $40.3200 exercise price, vesting 30% in 2026, 30% in 2027 and 40% in 2028, expiring in 2030.

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Insider Drafts William Arnold
Role President
Type Security Shares Price Value
Grant/Award Common Stock F1 2,840 $0.00 $0.00
holding Stock Option (right to buy) F2 -- -- --
Holdings After Transaction: Common Stock — 16,656 shares (Direct); Stock Option (right to buy) — 12,500 shares (Direct)
Footnotes (2)
  1. F1. Restricted shares, subject to vesting 852 shares on 3/19/2027, 852 shares on 3/19/2028, 1,136 shares on 3/19/2029.
  2. F2. Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
Restricted shares granted 2840 shares Grant to President William Arnold Drafts on 2026-03-19
Common shares held after grant 16656 shares Direct M-tron Industries common stock holdings following the award
Option underlying shares 12500 shares Stock options for M-tron Industries common stock held directly
Option exercise price $40.3200 per share Exercise price of stock options expiring 2030-04-04
Option vesting 2026 30% Portion of options vesting on 2026-04-04
Option vesting 2027 30% Portion of options vesting on 2027-04-04
Option vesting 2028 40% Portion of options vesting on 2028-04-04
Restricted shares financial
"Restricted shares, subject to vesting 852 shares on 3/19/2027"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
Stock options financial
"Stock options of the Issuer vesting as follows: 30% on 4/4/2026"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vesting financial
"subject to vesting 852 shares on 3/19/2027, 852 shares on 3/19/2028"
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.
exercise price financial
"Stock Option (right to buy) with a 40.3200 exercise price"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider equity award did MPTI president William Arnold Drafts receive?

M-tron Industries’ president, William Arnold Drafts, received 2,840 restricted common shares on March 19, 2026. The shares were granted at no cash cost and vest in three installments: 852 shares in 2027, 852 in 2028, and 1,136 in 2029, subject to vesting conditions.

How many MPTI common shares does the president hold after this Form 4?

After the March 19, 2026 award, William Arnold Drafts directly holds 16,656 M-tron Industries common shares. This total reflects his position following the grant of 2,840 restricted shares, which will vest over three years as specified in the award’s vesting schedule.

What are the key terms of William Drafts’ MPTI stock options?

William Arnold Drafts holds stock options for 12,500 M-tron Industries shares with a $40.3200 exercise price, expiring April 4, 2030. These options vest in stages: 30% on April 4, 2026, 30% on April 4, 2027, and the remaining 40% on April 4, 2028.

How do the restricted MPTI shares granted to the president vest over time?

The 2,840 restricted shares granted to William Arnold Drafts vest in three annual tranches. Vesting occurs as 852 shares on March 19, 2027, another 852 shares on March 19, 2028, and the remaining 1,136 shares on March 19, 2029, assuming vesting conditions are met.

Does this MPTI Form 4 show any sale of shares by the president?

No, this Form 4 reports an acquisition of restricted common shares by the president and lists his outstanding stock options. It does not report any sale or disposition of M-tron Industries shares by William Arnold Drafts in the disclosed transactions.
SEC Form 4
FORM 4UNITED 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*
Drafts William Arnold

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/19/2026A2,840(1)A$016,656D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$40.3204/04/2026(2)04/04/2030Common Stock12,50012,500D
Explanation of Responses:
1. Restricted shares, subject to vesting 852 shares on 3/19/2027, 852 shares on 3/19/2028, 1,136 shares on 3/19/2029.
2. Stock options of the Issuer vesting as follows: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028.
/s/ William A. Drafts08/05/2026
** Signature of Reporting PersonDate
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)