EVP Sells $520K in Stock at $26, 30% Above Recent Offering Price
MEC has more than doubled off its 52-week low of $12.1 on elevated volume (1.9× avg).
Summary
An EVP at Mayville Engineering Company sold $520,000 worth of stock at $26.00 per share, a notable transaction given the company's recent public offering at a lower price of $20.00 and the stock trading near its 52-week high.
Key Events · Ownership and Investor Activity · MEC
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EVP Sells Shares
Ryan F. Raber, Executive Vice President of Strategy, Sales & Marketing, sold 20,000 shares of common stock.
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Significant Transaction Value
The open market sale totaled $520,000 at a price of $26.00 per share on May 26, 2026.
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Sale Above Recent Offering Price
This sale occurred at $26.00 per share, significantly higher than the $20.00 per share price from the company's public offering just days prior (May 20-21, 2026).
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Trading Near 52-Week High
The transaction took place while the company's stock is trading near its 52-week high of $28.145.
Analysis · MEC · Manufacturing
An Executive Vice President sold a significant block of shares for $520,000 at $26.00 per share. This transaction is notable because it occurs shortly after the company completed a public offering at a lower price of $20.00 per share. The insider is selling at a substantial premium to the recent capital raise, and the stock is trading near its 52-week high, which could be interpreted as a lack of confidence at current valuations despite the company's recent efforts to shore up its balance sheet.
At the time of this filing, MEC was trading at $27.13 on NYSE in the Manufacturing sector, with a market capitalization of approximately $556M. The 52-week trading range was $12.10 to $28.15. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.