Mistras Group trustee gifts 387K shares of stock
Ten percent owner Stephanie Athena Foglia reported a large GRAT annuity-payment gift and updated direct and indirect holdings in Mistras Group, Inc. common stock.
Rhea-AI Filing Summary
Mistras Group, Inc. (MG) had a Form 4 filing reporting that ten percent owner Stephanie Athena Foglia, as trustee of the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos, made a bona fide gift of 387,093 shares of common stock on September 10, 2026 as an ordinary course annuity payment by the trust. Foglia reports 1,393,324 shares of common stock held directly after the reported transactions, plus additional indirect holdings including 1,692 shares held by her spouse. The filing states she holds sole voting and disposition power over the shares held by the trust but disclaims beneficial ownership except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
387,093 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 F1, F2 | 387,093 | $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 — 4,081,359 shares (Indirect, By GRAT);
Common Stock — 1,393,324 shares (Direct);
Common Stock — 55,938 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
Shares transferred as bona fide gift: 387,093 shares
Gift transaction price per share: $0.00 per share
Direct holdings after transaction: 1,393,324 shares
+2 more
5 metrics
Shares transferred as bona fide gift
387,093 shares
Ordinary course annuity payment by 2025 Irrevocable Two-Year GRAT on September 10, 2026
Gift transaction price per share
$0.00 per share
Price for the 387,093-share bona fide gift reported for September 10, 2026
Direct holdings after transaction
1,393,324 shares
Common stock held directly by Stephanie Athena Foglia after reported transactions
Indirect holdings by spouse
1,692 shares
Common stock indirectly held by spouse as of September 10, 2026
Gift transactions in this filing
1 transaction
Count of bona fide gift transactions of Mistras Group, Inc. common stock reported
Key Terms
Grantor Retained Annuity Trust, ordinary course annuity payment, bona fide gift, pecuniary interest
4 terms
Grantor Retained Annuity Trust financial
"2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos"
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.
ordinary course annuity payment financial
"Represents an ordinary course annuity payment made by the 2025 Irrevocable"
bona fide gift financial
"transaction is coded as a bona fide gift of common stock"
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.
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of her pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MG report for Stephanie Athena Foglia on September 10, 2026?
The filing reports that 387,093 shares of Mistras Group, Inc. common stock were transferred as a bona fide gift on September 10, 2026, described as an ordinary course annuity payment made by the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos.
What are Stephanie Athena Foglia’s direct MG holdings after the reported transactions?
After the reported transactions, Stephanie Athena Foglia reports 1,393,324 shares of Mistras Group, Inc. common stock held directly. This direct holding is listed separately from indirect holdings through trusts, children and spouse.
Was the MG insider transaction reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and no footnote describes the transaction as made under a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
