Form 4: Mueller Industries EVP, CFO & Treasurer Jeffrey Andrew Martin Sells Shares
SEC Form 4 Filing
Jeffrey Andrew Martin, EVP, CFO & Treasurer of Mueller Industries Inc., sold 52,436 shares of common stock at a weighted average price of $57.2517 on April 26, 2024.
Summary
- On April 26, 2024, Jeffrey Andrew Martin, the EVP, CFO & Treasurer of Mueller Industries Inc. (MLI), sold 52,436 shares of the company's common stock.
- The sale was executed at a weighted average price of $57.2517 per share.
- The prices for individual transactions ranged from $56.87 to $57.62.
- Following the transaction, Martin directly owns 313,529 shares of Mueller Industries Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of the transaction: Jeffrey Andrew Martin sold shares of Mueller Industries Inc. |
| 04/29/2024 | Date of signature by Attorney-in-Fact, Anthony J. Steinriede. |
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