Steffen Sigloch - 22 Dec 2023 Form 4 Insider Report for MUELLER INDUSTRIES INC (MLI)

Signature
Anthony J. Steinriede, Attorney-in-Fact
Issuer symbol
MLI
Transactions as of
22 Dec 2023
Net transactions value
-$2,560,341
Form type
4
Filing time
27 Dec 2023, 11:29:58 UTC
Previous filing
19 Dec 2023
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLI Common Stock Sale $380 -8 -0% $47.50 266,674 22 Dec 2023 Direct F1
transaction MLI Common Stock Sale $2,559,961 -53,792 -20% $47.59 212,882 26 Dec 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person. The sale was effected pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the Reporting Person on 5/8/23.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.50 to $48.02, inclusive.