An executive VP sold 1,808 shares to cover taxes from vested equity awards, reducing his direct stake by 2%.
Mueller Industries executive VP Daniel Pieralisi sold 1,808 shares at $66.57 on July 30 to cover tax liabilities from vested equity awards. The transaction was non-discretionary and reduced his direct stake by 2% to 83,108 shares.
The company’s shares delivered a 53% return over the 12 months ending July 30. Pieralisi’s remaining holdings consist entirely of direct ownership, with no indirect or derivative interests reported.
Mueller Industries, which manufactures copper, brass, and plastic products, saw sales growth driven by a 27% increase in its Piping Systems segment.