Form 4: Director Rothman Acquires and Disposes of Shares in Mayville Engineering Company
SEC Form 4 Filing
Jay O. Rothman, a director of Mayville Engineering Company, reports the acquisition and disposal of common stock and derivative securities.
Summary
- On April 16, 2024, Jay O. Rothman, a director of Mayville Engineering Company, engaged in transactions involving the company's stock.
- Rothman acquired 9,721 shares of common stock through the vesting of restricted stock units.
- Concurrently, Rothman disposed of 9,721 shares.
- Rothman also acquired 9,026 director deferred stock units.
- Following these transactions, Rothman beneficially owns 24,721 shares of common stock and 55,161 director deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions can be related to compensation, investment diversification, or other personal financial decisions of the reporting person.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of transaction involving common stock and derivative securities. |
| 04/17/2024 | Date of signature by Attorney-in-Fact. |
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