Form 4: Mayville Engineering Company Director Timothy L. Christen Reports Stock Transactions

Timothy L. Christen, a director at Mayville Engineering Company, reported the vesting and disposal of restricted stock units and acquisition of common stock on April 16, 2024.

Summary

• On April 16, 2024, Timothy L. Christen, a director of Mayville Engineering Company, Inc. [MEC], reported transactions involving the company's stock.
• Christen disposed of 11,666 shares of common stock upon the vesting of restricted stock units.
• He also acquired 11,666 shares of common stock related to the vested restricted stock units.
• Additionally, he acquired 10,832 director restricted stock units that will vest on the date of the 2025 Annual Meeting of Shareholders.
• Following these transactions, Christen beneficially owns 130,575 shares of common stock and 10,832 director restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

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

Industry Context

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

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership.

Key Dates