Mistras Group holder reports major ownership stake
Mistras Group, Inc. insider Stephanie Athena Foglia filed an initial ownership report as a ten percent owner of the company’s common stock.
Rhea-AI Filing Summary
Mistras Group, Inc. insider Stephanie Athena Foglia filed an initial ownership report as a ten percent owner of the company’s common stock. The filing shows direct ownership of 1,393,324 common shares and additional indirect holdings through several grantor retained annuity trusts (GRATs), as well as shares held by her spouse and children. Foglia is trustee for a 2025 irrevocable two-year GRAT and holds sole voting and disposition power over the issuer’s common stock in that trust, while disclaiming beneficial ownership of those GRAT shares except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Foglia Stephanie Athena
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,393,324 shares (Direct);
Common Stock — 5,692 shares (Indirect, By Spouse);
Common Stock — 54,477 shares (Indirect, By Child);
Common Stock — 5,410,460 shares (Indirect, By GRAT)
Footnotes (1)
- F1. The reporting person is the trustee for the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos ("GRAT") and holds sole power over the voting and disposition of the issuer's common stock held by the GRAT. The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.
Key Figures
Direct common shares: 1,393,324 shares
GRAT holding 1: 5,251,358 shares
Additional GRAT holding: 54,008 shares
+2 more
5 metrics
Direct common shares
1,393,324 shares
Directly owned common stock following Form 3 reporting
GRAT holding 1
5,251,358 shares
Indirect common stock held by GRAT, trustee Stephanie Athena Foglia
Additional GRAT holding
54,008 shares
Indirect common stock held by another GRAT
Child-held shares (example)
19,005 shares
Indirect common stock reported as held by child
Spouse-held shares
5,692 shares
Indirect common stock reported as held by spouse
Key Terms
Grantor Retained Annuity Trust, GRAT, beneficial ownership, pecuniary interest, +1 more
5 terms
Grantor Retained Annuity Trust financial
"The reporting person is the trustee for the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos ("GRAT")"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
GRAT financial
"holds sole power over the voting and disposition of the issuer's common stock held by the GRAT"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein."
ten percent owner financial
"is_ten_percent_owner: 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing by Stephanie Athena Foglia for Mistras Group (MG) show?
The Form 3 shows Stephanie Athena Foglia as a ten percent owner of Mistras Group common stock, with significant direct holdings and additional indirect positions through GRATs, spouse, and children, establishing her baseline ownership before any future reportable transactions.
What does the footnote about GRAT beneficial ownership mean for Mistras Group (MG)?
The footnote explains Foglia is trustee for a 2025 irrevocable two-year GRAT, with sole voting and disposition power over its Mistras Group shares. She disclaims beneficial ownership of those GRAT shares except for her pecuniary interest, clarifying economic exposure versus control.
AI-generated analysis. How Rhea-AI works. Not financial advice.
