Mistras Group COO shares withheld for taxes
Mistras Group, Inc. executive Hammad Hanei Wail, EVP & Chief Operating Officer, reported a small tax-related share disposition.
Rhea-AI Filing Summary
Mistras Group, Inc. executive Hammad Hanei Wail, EVP & Chief Operating Officer, reported a small tax-related share disposition. On the vesting of restricted stock units, 337 shares of common stock were withheld at $15.68 per share to cover taxes. Following this routine withholding, he holds 64,642 common shares directly.
Positive
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Negative
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Insights
Routine tax withholding with minimal impact on insider ownership.
The filing shows 337 shares of Mistras Group, Inc. common stock withheld to pay taxes upon vesting of restricted stock units. The transaction is coded F, indicating a tax-withholding disposition rather than an open-market sale or purchase.
After this event, EVP & Chief Operating Officer Hammad Hanei Wail directly holds 64,642 common shares. The small size of the withholding relative to his remaining stake and its tax-related nature suggest this is a standard administrative transaction rather than a signal about his outlook on the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 337 | $15.68 | $5K |
Footnotes (1)
- F1. Transaction represents shares withheld to pay taxes upon vesting of restricted stock units,
FAQ
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What insider transaction did Mistras Group (MG) report for Hammad Hanei Wail?
What does transaction code F mean in the Mistras Group (MG) Form 4 filing?
Does the Mistras Group (MG) Form 4 suggest a change in insider sentiment?
AI-generated analysis. How Rhea-AI works. Not financial advice.