Form 4: MEC CEO Jagadeesh Reddy Executes Stock Sale

Mayville Engineering Company CEO Jagadeesh A. Reddy sold 21,796 shares of common stock via a pre-arranged Rule 10b5-1 trading plan.

Summary

• CEO Jagadeesh A. Reddy sold a total of 21,796 shares of Mayville Engineering Company (MEC) common stock on May 7, 2026.
• The sales were executed in two tranches: 10,332 shares at a weighted average price of $25.72 and 11,464 shares at a weighted average price of $26.11.
• The transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025.
• Following these transactions, the CEO retains direct ownership of 158,387 shares, plus indirect holdings in ESOP/401(k) plans and family accounts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and executed via a Rule 10b5-1 plan, which is a standard mechanism for executive financial planning.

Positives

• The sale was executed under a pre-established Rule 10b5-1 trading plan, which is designed to avoid concerns regarding insider trading by scheduling sales in advance.

Negatives

• The sale represents a reduction in the CEO's direct equity stake in the company.

Risks

• Insider selling can sometimes be perceived by the market as a signal that management believes the stock price is fully valued or has limited near-term upside.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are standard corporate practice for liquidity and diversification, and generally do not reflect a change in the executive's outlook on the company's long-term prospects.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to manage personal equity holdings while maintaining compliance with SEC regulations.

Stakeholder Impact

• Shareholders should note the reduction in CEO equity, though the pre-planned nature mitigates concerns regarding negative sentiment.

Next Steps

• Continued monitoring of future Form 4 filings for further insider activity.

Key Dates

Keywords

MEC, Mayville Engineering Company, Insider Trading, Form 4, Jagadeesh Reddy, Stock Sale, Rule 10b5-1