A Form 4 filed with the Securities and Exchange Commission shows that director Decker Thomas H. sold 5,000 shares of MEXCO Energy Corp common stock (NASDAQ: MXC) on March 5, 2026. The disposition was executed in two separate transactions at prices ranging from $13.45 to $14.70, producing total gross proceeds of $70,375.
The filing notes that after these sales Decker directly retains ownership of 18,400 shares. It also records that Decker’s spouse holds 10,173 shares. Those ownership figures appear alongside the sale disclosure in the SEC filing.
The timing of the sale comes after a period of significant appreciation in the stock - a roughly 40% gain over the prior six months - but the share price has since eased to $12.29. The filing does not provide commentary on the motivation for the trades.
Alongside the disclosure of insider activity, a market-data analysis cited in the filing context indicates the stock remains classified as undervalued and assigns the company a "GREAT" financial health score. The same analysis points readers to a detailed Fair Value breakdown and references six additional ProTips available on the list of most undervalued stocks.
The reported transactions are limited to the facts contained in the Form 4 and the accompanying market-data commentary noted above. No further corporate statements or additional insider activity were included in the filing.
Transaction details
- Insider: Decker Thomas H., director
- Security: MEXCO Energy Corp common stock (NASDAQ: MXC)
- Date of sale: March 5, 2026
- Shares sold: 5,000 (in two transactions)
- Price range: $13.45 to $14.70
- Gross proceeds: $70,375
- Post-sale direct holdings (Decker): 18,400 shares
- Spouse holdings (as reported): 10,173 shares
- Recent share price noted: $12.29
Contextual note
The filing and the market-data commentary together document the sale and provide an outside assessment of the company's financial health and valuation status. The record does not include statements from company management or from the insider about the rationale for the sale.