Form 4: Mayville Engineering Company Director Steven L. Fisher Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Steven L. Fisher reports acquisition and disposal of Mayville Engineering Company (MEC) stock and restricted stock units.

Summary

  • On April 16, 2024, Steven L. Fisher, a director of Mayville Engineering Company, Inc. (MEC), reported transactions involving the company's stock.
  • Fisher acquired 9,721 shares of common stock.
  • Fisher also disposed of 9,721 shares of common stock.
  • Following these transactions, Fisher directly owns 31,456 shares of common stock.
  • Additionally, Fisher acquired 9,026 director restricted stock units that will vest on the date of the 2025 Annual Meeting of Shareholders.
  • 9,721 restricted stock units vested 100% on the date of the 2024 Annual Meeting of Shareholders.
  • Fisher also holds 39,900 director deferred stock units, which will be settled upon retirement or separation from the company.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications.

Future Outlook

The restricted stock units acquired on April 16, 2024, will vest 100% on the date of the 2025 Annual Meeting of Shareholders.

Industry Context

This is a routine disclosure of insider transactions, which are common and regulated to ensure transparency and prevent insider trading.

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

DateDescription
04/16/2024Date of stock and restricted stock unit transactions.
04/17/2024Date of signature of the report.

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