Mistras Group (MG) Executive Chairman granted 40,000 RSUs in Form 4 filing
Rhea-AI Filing Summary
Mistras Group, Inc. insider Manuel N. Stamatakis, a director and Executive Chairman, reported receiving an equity grant in the form of restricted stock units. On 01/02/2026, he was awarded 40,000 shares of common stock at a stated price of $0, increasing his beneficial ownership to 424,299 shares held directly.
The filing explains that this grant is an award of restricted stock units that will vest 100% on the first anniversary of the grant date, meaning the units are subject to a one-year vesting period before fully settling into shares.
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FAQ
What insider transaction did Mistras Group, Inc. (MG) report for Manuel N. Stamatakis?
The company reported that Manuel N. Stamatakis received an award of 40,000 restricted stock units of Mistras Group, Inc. common stock on 01/02/2026.
What is Manuel N. Stamatakis’s role at Mistras Group, Inc. (MG)?
He is listed as a Director and an Officer, serving as Executive Chairman of Mistras Group, Inc.
How many Mistras Group, Inc. (MG) shares does Manuel N. Stamatakis beneficially own after this transaction?
Following the reported award, Manuel N. Stamatakis beneficially owns 424,299 shares of Mistras Group, Inc. common stock held directly.
What are the vesting terms of the 40,000 restricted stock units reported by Mistras Group, Inc. (MG)?
The filing states that the 40,000 restricted stock units will vest 100% on the first anniversary date of the grant.
What was the reported transaction price for the Mistras Group, Inc. (MG) restricted stock unit grant?
The restricted stock unit award for 40,000 shares was reported with a transaction price of $0 per share.
Was the Mistras Group, Inc. (MG) Form 4 filed for one or multiple reporting persons?
The document indicates that the Form 4 was filed by one reporting person, namely Manuel N. Stamatakis.