MEC Mayville Engineering Company, Inc. Insider Trading

MEC CEO Reddy sells 17,942 shares at $30.00 (538.3K) under 10b5-1 plan; stock up 45.4% in 30 days, company unprofitable

Jagadeesh A Reddy, President & CEO of Mayville Engineering Company, Inc., sold 17,942 shares at $30.00 on 2026-06-01 for $538,261.79, reducing his holdings by 11.3% from 158,387 to 140,445 shares. This sale is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-12, making it a scheduled transaction rather than a discretionary decision. The company's fundamentals are deteriorating: net income was $-8,175,000.00 over its most recent full fiscal year, annual revenue has contracted 6.0%, and the latest quarter shows continued unprofitability. Notably, the stock has appreciated 45.4% over the 30 days and 65.3% over the 90 days following a recent 52-week low of $12.10, and the CEO's prior two open-market sells at this ticker (on 2026-05-07) each posted positive 30-day and 90-day returns, though those pre-scheduled transactions under a fixed plan provide limited forward-looking signal amid deteriorating corporate performance.

CEO Reddy Jagadeesh A sells ~22K shares (12.4% of holdings) as stock nears 52-week highs; first open-market sale after four consecutive buys.

President and CEO Reddy Jagadeesh A sold approximately 22,000 shares while the stock trades near its 52-week high, marking a significant change from his consistent buying pattern over the prior year. This is his first open-market sale in over three years of Form 4 activity, having previously acquired shares on four separate occasions. His three prior purchases at this company showed mixed timing results—two gains and one decline over the following quarter—suggesting neither a strong nor consistent ability to time entries perfectly. The sale stands out against the company's challenged fundamentals, which show operating losses and declining revenue, creating a backdrop where the CEO's decision to trim holdings at elevated prices warrants attention. However, the mixed historical results and the fact that this appears to be profit-taking rather than panic selling—given the stock's strength—limits the urgency of this signal.