Form 4: Mayville Engineering Company Director Allen J. Carlson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Allen J. Carlson reports acquisition and disposal of Mayville Engineering Company (MEC) stock and restricted stock units.

Summary

  • On April 16, 2024, Allen J. Carlson, a director of Mayville Engineering Company, Inc. (MEC), reported transactions involving the company's stock.
  • Carlson acquired 9,721 shares of common stock at $0, and disposed of 9,721 shares of common stock.
  • Following these transactions, Carlson directly owns 65,856 shares of MEC common stock.
  • Carlson also acquired 9,026 director restricted stock units (RSUs) which will vest 100% on the date of the 2025 Annual Meeting of Shareholders.
  • 9,721 director restricted stock units (RSUs) vested 100% on the date of the 2024 Annual Meeting of Shareholders.

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, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
04/16/2024Date of stock and restricted stock unit transactions.
04/17/2024Date of signature for the Form 4 filing.
2024 Annual Meeting of ShareholdersDate that 9,721 director restricted stock units (RSUs) vested 100%.
2025 Annual Meeting of ShareholdersDate that 9,026 director restricted stock units (RSUs) will vest 100%.

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