MTRN (NYSE) Rule 144: Deferred‑comp sale of 10,000 shares, prior 2,006‑share disposition
Rhea-AI Filing Summary
MTRN submitted a Rule 144 notice reporting an intended sale of 10,000 shares of Common Stock associated with a deferred compensation arrangement, dated 06/01/2026. The filing also lists a prior sale by Mohan N. Reddy of 2,006 shares on 05/08/2026 for $400,253.47.
Positive
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Negative
- None.
Insights
Rule 144 notice lists a planned resale of 10,000 shares and a recent disposition of 2,006 shares.
The notice records an intended sale of 10,000 shares tied to a deferred compensation entry dated 06/01/2026. Rule 144 filings are procedural disclosures under federal resale rules and commonly accompany restricted or control securities when the holder seeks resale.
Prior activity shows Mohan N. Reddy sold 2,006 shares on 05/08/2026 for $400,253.47. Cash‑flow treatment and whether sales are subject to volume/holding‑period conditions are not detailed in the excerpt.
Filing records an issuer‑linked deferred compensation sale and a recent insider disposition; details on limits are not included.
The entry names Fidelity Brokerage Services LLC as broker and identifies the securities as Common Stock tied to a deferred compensation plan dated 06/01/2026. The filing functions as notification of potential resale, not a guarantee of transaction timing.
Investors can watch subsequent Form 144 amendments or transfer agent records for execution details and any filing that quantifies proceeds or trading method.