Mistras Group (MG) Executive Chairman granted 40,000-share RSU award
Rhea-AI Filing Summary
Mistras Group Executive Chairman and director Manuel Stamatakis reported an equity grant from the company. On 01/02/2026, he acquired 40,000 shares of common stock at a price of $0, reported as an award of restricted stock units that will vest 100% on the first anniversary of the grant date. Following this transaction, he beneficially owns 424,299 shares of Mistras Group common stock in direct ownership. This Form 4/A is described as an amendment filed solely to correct an administrative error on the signature line, with no change to the reported award terms.
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FAQ
What insider transaction did Mistras Group (MG) report in this Form 4/A?
The filing reports that Executive Chairman and director Manuel Stamatakis acquired 40,000 shares of Mistras Group common stock as part of an equity award granted on 01/02/2026.
What are the terms of the 40,000-share award reported for Mistras Group (MG)?
The 40,000 shares represent an award of restricted stock units, which will vest 100% on the first anniversary of the grant date.
How many Mistras Group (MG) shares does the insider own after this transaction?
After the reported award, Manuel Stamatakis beneficially owns 424,299 shares of Mistras Group common stock in direct ownership.
Why is this filing labeled as an amended Form 4/A for Mistras Group (MG)?
The document states that the amendment is being filed solely to correct an administrative error on the signature line, without changing the transaction details.
Was cash paid for the 40,000 Mistras Group (MG) shares reported in the filing?
No cash was paid; the shares were acquired at a reported price of $0 as part of a restricted stock unit award.
What roles does the reporting person hold at Mistras Group (MG)?
The reporting person is identified as both a Director and an Officer, serving as Executive Chairman of Mistras Group.