Executive chair at Mistras Group (MG) awarded 86,310 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mistras Group, Inc. Executive Chairman Manuel N. Stamatakis reported an acquisition of common stock through an equity award. On the reported date, he received 86,310 shares of Mistras Group common stock at a stated price of $0.00 per share, described as a grant or award rather than an open-market purchase. Following this transaction, his directly held common stock ownership increased to 510,609 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stamatakis Manuel N.
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 86,310 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 510,609 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MG executive Manuel N. Stamatakis report?
Manuel N. Stamatakis reported acquiring 86,310 shares of Mistras Group common stock. The shares were granted to him as a stock award at a stated price of $0.00 per share, increasing his directly held stake to 510,609 shares after the transaction.
Was the MG insider transaction a market purchase or a stock grant?
The MG insider transaction was a stock grant, not a market purchase. Manuel N. Stamatakis received 86,310 common shares at a stated price of $0.00 per share, described as a grant, award, or other acquisition under the Form 4 transaction code A.
What role does the reporting person in this MG Form 4 hold?
The reporting person in this MG Form 4, Manuel N. Stamatakis, serves as Executive Chairman and is also a director of Mistras Group, Inc. His position is disclosed in the filing along with the details of the equity award of 86,310 common shares.
What transaction code was used in the MG Form 4 and what does it mean?
The MG Form 4 uses transaction code A for the reported event. Code A indicates a grant, award, or other acquisition of securities, meaning the 86,310 common shares were received as an equity award, not bought or sold on the open market.