Mistras Group (MG) EVP granted 7,242 restricted stock units as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coggins Eileen Mary reported acquisition or exercise transactions in this Form 4 filing.
Mistras Group, Inc. executive Eileen Mary Coggins, EVP and General Counsel, reported an equity compensation award in the form of 7,242 shares of common stock. The award represents restricted stock units earned from a performance award and was granted at a price of $0.00 per share. These units vest in four equal installments of 25% each on December 31 of 2026, 2027, 2028 and 2029. Following this grant, Coggins directly holds a total of 22,242 shares of Mistras Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coggins Eileen Mary
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,242 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,242 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Mistras Group (MG) report for Eileen Mary Coggins?
Mistras Group reported that EVP and General Counsel Eileen Mary Coggins received an award of 7,242 shares of common stock. The award consists of restricted stock units earned from a performance award and increases her directly held position to 22,242 shares following the grant.
What type of equity award did Mistras Group (MG) grant to Eileen Coggins?
The company granted Eileen Coggins restricted stock units representing 7,242 shares of common stock. The footnote explains this award is payment for a performance award earned, structured as stock-based compensation rather than a cash bonus or market transaction.
What is the vesting schedule for Eileen Coggins’ Mistras Group (MG) restricted stock units?
The restricted stock units vest in four equal 25% installments on December 31 of 2026, 2027, 2028 and 2029. This schedule spreads the award over several years, aligning continued service with the gradual delivery of fully vested common shares.
What is Eileen Coggins’ role at Mistras Group (MG) in relation to this Form 4?
Eileen Mary Coggins serves as Executive Vice President and General Counsel of Mistras Group. The Form 4 filing reports her receiving a stock-based performance award, highlighting equity compensation granted to a key member of the company’s senior leadership team.