Form 4: MEC CEO Jagadeesh Reddy Executes Stock Sale

Mayville Engineering Company CEO Jagadeesh A. Reddy sold 15,688 shares of common stock under a pre-arranged 10b5-1 trading plan.

Summary

• CEO Jagadeesh A. Reddy sold 15,688 shares of Mayville Engineering Company (MEC) common stock on June 11, 2026.
• The shares were sold at a weighted average price of $35.0474 per share, with individual transaction prices ranging from $35.00 to $35.28.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the CEO on December 12, 2025.
• Following the transaction, the CEO retains direct ownership of 124,105 shares, plus indirect holdings through an ESOP/401(k) plan and family members.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and does not indicate a change in the company's fundamental outlook.

Positives

• The transaction was conducted under a pre-established Rule 10b5-1 plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

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

Risks

• Executive stock sales can sometimes be perceived negatively by the market as a signal of management's view on the company's valuation or future growth prospects.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a disclosure of an executive's personal stock transaction.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are routine corporate governance events and generally do not reflect a change in company strategy or operational health.

Comparison to Industry Standards

• The use of a 10b5-1 plan is the industry standard for executives to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact expected as the transaction was pre-planned and represents a small portion of the CEO's total holdings.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

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