CFO Martin Jeffrey Andrew sold 66,029 shares of MLI at $95.61 for $6.3M, reducing holdings 17.8% to 305,358 shares
Martin Jeffrey Andrew, EVP, CFO & Treasurer, executed a substantial sale of 66,029 shares at $95.61 on 2025-08-29, with a total value of $6,312,728.96, reducing his holdings by 17.8% from 371,387 to 305,358 shares. The sale occurred near the 52-week high ($96.54), with the stock currently at $95.68, and follows strong recent momentum: +14.8% over 30 days and +22.8% over 90 days. His prior two sales at MLI (April 2024 and February 2024) were not well-timed at the 90-day mark, with the stock advancing +19.1% and +18.4% respectively after those sales. The company's fundamentals remain solid (P/E 14.93, $1.1B quarterly revenue, +10.2% annual growth), leaving the transaction's strategic rationale unclear from publicly available signals alone.