Form 4: Mueller Industries Director John B. Hansen Sells Shares
SEC Form 4
Director John B. Hansen reported selling shares of Mueller Industries Inc. on August 9, 2024.
Summary
- On August 9, 2024, John B. Hansen, a director of Mueller Industries Inc., sold 8,000 shares of common stock at a price of $67.24 per share.
- The same day, Hansen sold an additional 2,000 shares at the same price.
- Following these transactions, Hansen directly owns 95,914 shares of common stock.
- Hansen also indirectly owns 16,000 shares through a trust where his wife and children are beneficiaries.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, but the volume is relatively small.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of stock sale transactions |
| 08/12/2024 | Date of signature by Attorney-in-Fact |
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