Jagadeesh A. Reddy - 12 Mar 2025 Form 4 Insider Report for Mayville Engineering Company, Inc. (MEC)

Signature
/s/ Russell E. Ryba, Attorney-in-Fact for Jagadeesh A. Reddy
Issuer symbol
MEC
Transactions as of
12 Mar 2025
Net transactions value
+$5,225
Form type
4
Filing time
13 Mar 2025, 16:41:05 UTC
Previous filing
04 Mar 2025
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEC Common Stock Purchase $5,225 +380 $13.75 380 12 Mar 2025 By Daughter
holding MEC Common Stock 102,531 12 Mar 2025 Direct
holding MEC Common Stock 2,300 12 Mar 2025 by ESOP and/or 401(k) Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MEC Restricted Stock Units 32,051 12 Mar 2025 Common Shares 32,051 $0.000000 Direct F2
holding MEC Restricted Stock Units 108,950 12 Mar 2025 Common Shares 108,950 $0.000000 Direct F3
holding MEC Stock Option (right to buy) 88,901 12 Mar 2025 Common Shares 88,901 $16.22 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the most recent ESOP and 401(k) balance.
F2 The restricted stock units will vest 1/3 on each of July 19, 2023, 2024 and 2025.
F3 The restricted stock units will vest 1/3 on each of March 15, 2025, 2026 and 2027.
F4 The options will vest 50% on each of February 28, 2024 and February 28, 2025.