McEwen Inc. (MUX) director sells 3,275 shares and exercises 8,333 options
Rhea-AI Filing Summary
McEwen Inc. director Richard W. Brissenden reported an open-market sale and an option exercise involving the company’s common stock. On June 29, 2026, he sold 3,275 shares at a weighted average price of $18.1289 per share, in multiple trades between $18.07 and $18.19. He also exercised stock options to acquire 8,333 common shares at $7.10 per share, fully eliminating that option position. After these transactions, he directly holds 18,022 common shares.
Positive
- None.
Negative
- None.
Insights
Routine mix of option exercise and modest share sale.
Director Richard W. Brissenden exercised options for 8,333 common shares at $7.10 and sold 3,275 shares at a weighted average of $18.1289. The option grant had vested in three equal annual installments beginning June 29, 2024, indicating a scheduled compensation event.
The transactions create a net share sale of 3,275 shares, while leaving him with 18,022 common shares directly owned. With 100% of the option position exercised and no remaining derivatives reported, this appears to be a standard exercise-and-partial-sale pattern rather than a large position change.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 8,333 | $0.00 | -- |
| Exercise | Common Stock | 8,333 | $7.10 | $59K |
| Sale | Common Stock | 3,275 | $18.1289 | $59K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The Reporting Person sold shares in multiple transactions at prices ranging from $18.07 to $18.19. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. The option vested in three equal annual installments, beginning June 29, 2024.