Mesa Labs director John Sullivan sells $800,090 in stock
In a significant financial move, John Sullivan, a director at Mesa Laboratories Inc., sold 7,093 shares of the company's common stock on August 13, 2026. The transaction was worth $800,090, with each share selling at $112.80. The shares were transferred directly to Siddhartha Kadia, Mesa Labs' President and CEO. This sale occurred as the stock price was nearing its 52-week high of $115.52, following a robust 55% return over the previous year.
According to InvestingPro data, the stock is currently trading near its Fair Value of $109.62. Following the sale, Mr. Sullivan holds 17,834 shares directly, while 45,110 shares are owned indirectly by the Sullivan Family Trust, managed by his spouse. Mr. Sullivan has disclaimed beneficial ownership of the trust's securities, except for his personal interest.
The Form 4 filing, which detailed the ownership changes, was signed on August 17, 2026, by John Sakys under Power of Attorney for Mr. Sullivan.
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