Mistras insider gifts 5.25M company shares
Mistras Group, Inc. major shareholder Aspasia Felice Vahaviolos reported a bona fide gift of 5,251,358 shares of common stock at no stated price per share.
Rhea-AI Filing Summary
Mistras Group, Inc. major shareholder Aspasia Felice Vahaviolos reported a bona fide gift of 5,251,358 shares of common stock at no stated price per share. After this gift transfer, she directly owns 854,292 Mistras Group common shares.
Positive
- None.
Negative
- None.
Insights
Large shareholder made a non-cash share gift, not an open-market sale.
The reporting person, identified as a ten percent owner of Mistras Group, Inc., reported a bona fide gift of 5,251,358 shares of common stock. The transaction price per share is listed as $0.0000, consistent with a non-cash transfer rather than a market trade.
Following the gift transfer, the insider’s reported direct holdings stand at 854,292 common shares. The filing characterizes the transaction as a gift disposition, so it does not itself indicate selling pressure in the open market. The overall effect on public float depends on who received the gifted shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,251,358 | $0.00 | $0.00 |
FAQ
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What did the Mistras Group (MG) insider report in this Form 4?
What is the insider’s Mistras Group (MG) stake after the reported gift?
Was the Mistras Group (MG) insider transaction a sale or a gift?
What does transaction code G mean in the Mistras Group (MG) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.