Published 16 days ago • loading... • Updated 16 days ago
Mueller Industries Grew Sales 25% With Piping Up 27%. Here's the Backdrop to an Insider Filing
The filings show the executives withheld shares to cover taxes after vesting, while Mueller reported 25% second-quarter net sales growth.
Summary
Key PointsThe non-discretionary disposition involved 1,808 shares at $66.57 per share, representing an estimated value of about $120,400 on July 30.The activity resulted in a 2% reduction in the insider's direct equity holdings in the company.The transaction was executed to satisfy tax withholding obligations associated with the vesting of equity awards and does not reflect a change in investment sentiment.10 stocks we like better than Mueller I…