Form 4: CEO Jagadeesh Reddy Sells 17,942 MEC Shares

Mayville Engineering Company CEO Jagadeesh A. Reddy sold 17,942 shares of common stock via a pre-arranged 10b5-1 trading plan.

Summary

• CEO Jagadeesh A. Reddy sold 17,942 shares of Mayville Engineering Company (MEC) common stock.
• The sale was executed at a weighted average price of $30.0001 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on December 12, 2025.
• Following the sale, the CEO retains direct ownership of 140,445 shares.
• The CEO maintains additional indirect holdings through an ESOP/401(k) plan and family holdings.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted via a pre-planned 10b5-1 arrangement, which is a routine mechanism for executive financial planning.

Positives

• The sale was executed under a pre-planned Rule 10b5-1 trading plan, which is typically used to avoid concerns regarding insider trading.

Negatives

• The sale represents a reduction in the CEO's direct equity stake in the company.

Risks

• Market perception of insider selling can sometimes lead to short-term downward pressure on the stock price.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are standard corporate practice for liquidity and diversification, and generally do not signal a change in management's outlook on the company's fundamental performance.

Comparison to Industry Standards

• The use of 10b5-1 plans is the industry standard for executives to sell shares while maintaining compliance with SEC insider trading regulations.

Stakeholder Impact

• Shareholders should note the reduction in insider ownership, though the use of a 10b5-1 plan mitigates concerns regarding potential negative sentiment.

Next Steps

• Future vesting of restricted stock units on March 15 of 2027, 2028, and 2029.

Key Dates

Keywords

MEC, Mayville Engineering Company, Insider Trading, Form 4, Jagadeesh Reddy, Stock Sale