MEC Mayville Engineering Company, Inc.
Price Chart
Executive Summary
Two insiders at Mayville Engineering Company (MEC) sold a total of ~$1.06M in open-market sales within a 7-day window, including the CEO and an EVP. The sales occurred 12-13 days after a $100M common stock offering (424B5) that closed on May 21, 2026, and the CEO's sale at $30.00 is 50% above the $20.00 offering price. The total sales represent ~0.17% of MEC's $633M market cap, which is modest but notable given the proximity to the dilutive offering and the CEO's participation.
Key Financial Metrics
Actionable Insight
The CEO's sale at a 50% premium to the recent $20.00 offering price, combined with the EVP's sale, signals potential near-term caution from management. Monitor for any upcoming earnings or guidance updates that could explain the timing. The stock's recent run-up (from $20.00 to $30.00) may be at risk of a pullback if insiders continue to sell.
Key Facts
- CEO Jagadeesh Reddy sold 17,942 shares at $30.00 for $538K on June 1, 2026
- EVP Ryan Raber sold 20,000 shares at $26.00 for $520K on May 26, 2026
- Total insider sales of ~$1.06M represent ~0.17% of MEC's $633M market cap
- Sales occurred 12-13 days after a $100M common stock offering priced at $20.00/share (closed May 21, 2026)
- CEO sold at $30.00, a 50% premium to the offering price, suggesting opportunistic profit-taking
- No open-market purchases were reported in the cluster window
Financial Impact
Total insider sales of ~$1.06M, or ~0.17% of market cap
Risk Factors
- Insider selling may indicate management sees the stock as fully valued post-offering
- Further dilution risk if the underwriters' 30-day option for 652,000 additional shares is exercised
- Potential negative sentiment from the market given the cluster of sales by top executives
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MEC-1780436964802 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $32.55 $32.68 | ▼ −0.40% | ▼ −0.00% | $35.48 (−9.00%) |
|
May 27, 2026
16d ago
|
Insider Cluster
| $26.11 $26.85 | ▼ −2.83% | ▼ −2.59% | $35.48 (−35.89%) |
|
May 21, 2026
23d ago
|
8-K
| $23.13 $25.45 | ▼ −10.03% | ▼ −9.58% | $35.48 (−53.39%) |
|
May 19, 2026
24d ago
|
424B5
| $23.95 $23.13 | ▲ +3.42% | ▲ +3.62% | $35.48 (−48.14%) |
|
May 16, 2026
27d ago
|
ANALYST-UPGRADE
| $18.85 $19.18 | ▲ +1.75% | ▲ +3.06% | $35.48 (+88.22%) |
|
May 5, 2026
5w ago
|
8-K
| $23.35 $25.99 | ▼ −11.31% | ▼ −11.64% | $35.48 (−51.95%) |
|
Apr 16, 2026
8w ago
|
ANALYST-UPGRADE
| $19.77 $21.02 | ▲ +6.32% | ▲ +5.11% | $35.48 (+79.46%) |
US Market Status
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