Valmont (VMI) director Bay sells 17,500 shares but keeps 112,650

Rhea-AI Filing Summary

Valmont Industries director Mogens C. Bay reported both stock sales and an equity award. On April 24, he completed open-market sales totaling 17,500 shares of common stock at prices around $490–$494 per share across multiple trades. On April 27, he received a grant of 341 shares of common stock at no cost, reflecting a restricted stock unit award that will vest on the grant-date anniversary and be settled in an equal number of shares. After these transactions, he directly holds 112,650 shares of Valmont Industries common stock.

Insights

Equity compensation and insider-trading analyst

Director Bay sold 17,500 shares while receiving a small stock grant, and still holds a large position.

The filing shows Mogens C. Bay, a director of Valmont Industries, executing open-market sales of 17,500 shares on April 24 at prices near $490–$494 per share. These are discretionary transactions that convert part of his equity stake into cash.

He also received a grant of 341 shares on April 27 via a restricted stock unit award that vests after one year and settles in common shares. Following all reported moves, he directly owns 112,650 shares, indicating a remaining sizable equity interest. No derivative positions are listed, and the net effect is a modest reduction in his shareholdings.

Insider Trade Summary

Net Seller: 17,500 shares ($8,615,948)

Net Sell 6 txns

Insider BAY MOGENS C

Role null

Sold 17,500 shs ($8.62M)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	341	$0.00	--
Sale	Common Stock	5,000	$494.07	$2.47M
Sale	Common Stock	7,550	$491.48	$3.71M
Sale	Common Stock	2,000	$490.00	$980K
Sale	Common Stock	1,500	$492.45	$739K
Sale	Common Stock	1,450	$493.965	$716K

Holdings After Transaction: Common Stock — 112,650 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $494.00 to $494.24, inclusive. The reporting person undertakes to provide to Valmont Industries, Inc., any security holder of Valmont Industries, Inc., 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 ranges set forth in footnotes (1) and (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $491.01 to $491.685, inclusive. Restricted stock unit award which vests on the anniversary of the grant date, unless deferred by the reporting person, and on vesting settled in an equal number of shares of common stock.

Key Figures

Shares sold: 17,500 shares Sale prices: $490.00–$494.24 per share Equity grant: 341 shares +2 more

5 metrics

Shares sold 17,500 shares Open-market sales of common stock on April 24, 2026

Sale prices $490.00–$494.24 per share Range of reported and weighted average sale prices on April 24, 2026

Equity grant 341 shares Common stock granted April 27, 2026 via restricted stock unit award

Holdings after transactions 112,650 shares Directly owned Valmont common shares following April 27, 2026 grant

Weighted average sale price example $494.07 per share One reported weighted average price for April 24, 2026 sales

Key Terms

weighted average price, restricted stock unit award, open-market sale

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock unit award financial

"Restricted stock unit award which vests on the anniversary of the grant date"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

BAY MOGENS C

(Last) (First) (Middle)

15000 VALMONT PLAZA

(Street)

OMAHA NEBRASKA 68154

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VALMONT INDUSTRIES INC [ VMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/24/2026		S		5,000	D	$494.07(1)	124,809	D
Common Stock	04/24/2026		S		7,550	D	$491.48(2)	117,259	D
Common Stock	04/24/2026		S		2,000	D	$490	115,259	D
Common Stock	04/24/2026		S		1,500	D	$492.45	113,759	D
Common Stock	04/24/2026		S		1,450	D	$493.965	112,309	D
Common Stock	04/27/2026		A		341	A	$0(3)	112,650	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $494.00 to $494.24, inclusive. The reporting person undertakes to provide to Valmont Industries, Inc., any security holder of Valmont Industries, Inc., 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 ranges set forth in footnotes (1) and (2) to this Form 4.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $491.01 to $491.685, inclusive.

3. Restricted stock unit award which vests on the anniversary of the grant date, unless deferred by the reporting person, and on vesting settled in an equal number of shares of common stock.

Remarks:

POA attached.

	/s/ William Eric Johnson for Mogens C. Bay	04/28/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transactions did Valmont (VMI) director Mogens C. Bay report?

Mogens C. Bay reported open-market sales totaling 17,500 shares of Valmont common stock on April 24 at prices near $490–$494 per share, plus a grant of 341 shares on April 27 from a restricted stock unit award that vests after one year.

How many Valmont (VMI) shares did Mogens C. Bay sell and at what prices?

Bay sold 17,500 shares of Valmont common stock on April 24 in several open-market trades. Reported prices include $494.07, $491.48, $490.00, $492.45 and $493.97, with some trades disclosed as weighted average prices over narrow ranges.

What equity award did Mogens C. Bay receive from Valmont (VMI)?

On April 27, Bay received a grant of 341 shares of Valmont common stock at no cost, tied to a restricted stock unit award. The award vests on the anniversary of the grant date and, upon vesting, is settled in an equal number of common shares.

How many Valmont (VMI) shares does Mogens C. Bay own after these transactions?

Following the reported transactions, Bay directly owns 112,650 shares of Valmont Industries common stock. This figure reflects the net effect of his 17,500-share open-market sales on April 24 and his subsequent 341-share grant on April 27 from a restricted stock unit award.

Were Mogens C. Bay’s Valmont (VMI) stock sales made on the open market?

Yes. The filing classifies Bay’s dispositions as open-market sales of Valmont common stock. Footnotes note that some reported prices are weighted average prices for multiple trades executed within narrow price ranges on April 24, 2026.