Mistras ten percent owner reports large share gift
Mistras Group, Inc. ten percent owner-related trust reported an internal share transfer, not a market trade.
Rhea-AI Filing Summary
Mistras Group, Inc. ten percent owner-related trust reported an internal share transfer, not a market trade. A Grantor Retained Annuity Trust associated with reporting person Stephanie Athena Foglia made a bona fide gift of 411,875 shares of common stock as an ordinary-course annuity payment pursuant to the trust’s terms.
After this transfer, the GRAT continued to hold 4,310,811 common shares indirectly for the reporting person, who as trustee has sole voting and disposition power but disclaims beneficial ownership except for her pecuniary interest. Additional indirect family holdings include shares held by a spouse and children, alongside 1,393,324 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
411,875 shares gifted
Gift
9 txns
Insider
Foglia Stephanie Athena, 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 411,875 | $0.00 | $0.00 |
| 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 — 4,310,811 shares (Indirect, By GRAT);
Common Stock — 1,393,324 shares (Direct);
Common Stock — 213,579 shares (Indirect, By Child);
Common Stock — 1,692 shares (Indirect, By Spouse)
Footnotes (2)
- F1. Represents an ordinary course annuity payment made by the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos ("GRAT") pursuant to its terms.
- F2. The reporting person is the trustee for the 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
Gifted shares: 411,875 shares
GRAT holdings after transaction: 4,310,811 shares
Direct holdings: 1,393,324 shares
+3 more
6 metrics
Gifted shares
411,875 shares
Bona fide gift by GRAT on 2026-06-10
GRAT holdings after transaction
4,310,811 shares
Indirect common stock position following gift
Direct holdings
1,393,324 shares
Common stock held directly after reported transactions
Spousal indirect holdings
1,692 shares
Common stock held indirectly by spouse
Child indirect holdings example
54,008 shares
One reported child-held indirect common stock position
Additional child holdings
52,547 shares
Another reported child-held indirect common stock position
Key Terms
Grantor Retained Annuity Trust, bona fide gift, ten percent owner, pecuniary interest, +1 more
5 terms
Grantor Retained Annuity Trust financial
"Represents an ordinary course annuity payment made by the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos ("GRAT") pursuant to its terms."
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.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
ten percent owner regulatory
""is_ten_percent_owner": 1"
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein."
indirect ownership financial
""ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Mistras Group (MG) report in this Form 4?
Mistras Group reported an internal share transfer classified as a bona fide gift. A Grantor Retained Annuity Trust associated with ten percent owner Stephanie Athena Foglia gifted 411,875 common shares as an ordinary-course annuity payment, rather than executing an open-market stock sale.
Did the Mistras Group (MG) Form 4 disclose any open-market stock sales or purchases?
No open-market stock sales or purchases were disclosed in this Form 4. The only reportable transaction was a bona fide gift of 411,875 shares by the GRAT as an annuity payment, alongside several entries updating indirect and direct share holdings.
What direct Mistras Group (MG) holdings were reported for the insider?
The filing shows 1,393,324 Mistras Group common shares held directly. It also lists multiple indirect holdings, including shares attributed to a spouse and children and a large position held through the Grantor Retained Annuity Trust for which the insider acts as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
