Scott Jay Goldman, a director at Mueller Industries Inc., sold 2,000 shares of common stock on August 27, 2026, for a total of $128,160, according to regulatory filings.
The transaction was executed at $64.08 per share under a previously disclosed Rule 10b5-1 trading plan, which allows pre-scheduled sales to avoid allegations of insider trading. The filing did not specify the purpose of the sale.
Following the disposal, Goldman’s beneficial ownership in Mueller Industries stands at 79,734 shares. The reduction reflects a 2-for-1 stock split distributed as a stock dividend on June 30, 2026, which added 40,867 shares to his holdings.
Mueller Industries’ shares were trading at $63.71 at the time of the report, slightly below the sale price. The company’s market capitalization is approximately $14.09 billion, with a price-to-earnings ratio of 16.59.
Mueller Industries reported second-quarter earnings and revenue that exceeded analyst expectations, driven by volume growth across all three business segments and higher material costs. The company has been identified by InvestingPro as undervalued, with a strong financial health score attributed to its cash position relative to debt.
