Form 4: Mayville Engineering Company Director Rothman Reports Changes in Beneficial Ownership
SEC Filing
Director Jay O. Rothman reports acquisition of deferred stock units in Mayville Engineering Company.
Summary
- Jay O. Rothman, a director of Mayville Engineering Company, Inc. [MEC], filed a Form 4 with the SEC.
- The report indicates a transaction date of April 22, 2025.
- Rothman acquired 10,331 Director Deferred Stock Units.
- These units are convertible to common stock.
- Following the reported transaction, Rothman beneficially owns 65,492 Director Deferred Stock Units.
- Rothman also directly owns 24,721 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, ensuring transparency and preventing insider trading.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/22/2025 | Date of transaction: Acquisition of Director Deferred Stock Units |
| 04/23/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, beneficial ownership, Mayville Engineering Company, MEC, director, Jay O. Rothman, deferred stock units, common stock, SEC
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