Form 4: Mayville Engineering Company Director Jennifer J. Kent Reports Stock Transactions

Director Jennifer J. Kent reports acquisition and disposal of Mayville Engineering Company stock and restricted stock units on April 16, 2024.

Summary

• On April 16, 2024, Jennifer J. Kent, a director of Mayville Engineering Company, Inc. (MEC), reported transactions involving the company's stock.
• Kent acquired 9,721 shares of common stock through the vesting of restricted stock units.
• Kent also disposed of 9,721 shares of common stock.
• Following these transactions, Kent directly owns 15,956 shares of common stock.
• Kent also holds 9,026 restricted stock units that will vest on the date of the 2025 Annual Meeting of Shareholders.
• Additionally, Kent holds 14,485 deferred stock units, which will be settled upon retirement or separation from the company.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director, indicating a neutral sentiment.

Future Outlook

The restricted stock units will vest 100% on the date of the 2025 Annual Meeting of Shareholders, and deferred stock units will be settled upon the reporting person's retirement or separation from the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.

Stakeholder Impact

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

Key Dates