Linda M. Biles, Executive Vice President of Finance at M-tron Industries, Inc., filed a Form 4 on August 5, 2026, disclosing the acquisition of restricted common shares and the holding of stock options in the company.

Key Highlights

  • Restricted share award: Biles acquired 1,565 shares of common stock on March 19, 2026, at a price of $0, reported as an acquisition (Code A).
  • Vesting schedule: The restricted shares vest as 470 shares on 3/19/2027, 470 shares on 3/19/2028, and 625 shares on 3/19/2028, according to the filing's footnote.
  • Total direct ownership: Following the reported transaction, Biles directly holds 29,941 shares of common stock.
  • Stock options disclosed: The filing also reports 10,000 stock options (right to buy common stock) with an exercise price of $40.32, held directly.
  • Option vesting: The options vest 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028, expiring on 4/4/2030.
  • Reporting person role: Biles is identified as an officer with the title Executive VP - Finance.

Linda Biles Discloses Restricted Stock and Option Holdings at M-tron Industries

According to the Form 4 filing, Linda M. Biles, Executive VP of Finance at M-tron Industries, Inc. (MPTI), acquired 1,565 restricted shares of common stock on March 19, 2026, at no cost to the reporting person (price listed as $0). The transaction was coded "A" for acquisition under Table I of the filing. Following this transaction, the filing states that Biles directly and beneficially owns 29,941 shares of M-tron Industries common stock.

The filing's footnote explains the restricted share vesting schedule: 470 shares vest on 3/19/2027, 470 shares vest on 3/19/2028, and an additional 625 shares vest on 3/19/2028. Separately, Table II of the filing discloses 10,000 stock options (right to buy common stock) with a conversion or exercise price of $40.32. The filing notes these options vest in three tranches: 30% on 4/4/2026, 30% on 4/4/2027, and 40% on 4/4/2028, with an expiration date of 4/4/2030. Both the shares and the options are held directly by the reporting person.

The filing was signed by Linda M. Biles on August 5, 2026, and was submitted pursuant to Section 16(a) of the Securities Exchange Act of 1934. The earliest transaction date reported is March 19, 2026. No amendment date is indicated, and the form was filed by one reporting person.

What Was Disclosed

The filing discloses a restricted stock award of 1,565 shares at $0 to the Executive VP of Finance on March 19, 2026, bringing her direct beneficial ownership to 29,941 shares, along with 10,000 stock options at an exercise price of $40.32 expiring 4/4/2030.