Welcome to our dedicated page for Mistras SEC filings (Ticker: MG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The MISTRAS Group, Inc. (NYSE: MG) SEC filings page provides access to the company’s official U.S. Securities and Exchange Commission disclosures, which document its activities as a global provider of technology-enabled industrial asset integrity and testing solutions. Through these filings, investors can review how MISTRAS reports on its financial condition, operating performance, and use of non-GAAP measures such as Adjusted EBITDA, free cash flow, net debt, and income or operating income before special items.
Current reports on Form 8-K, for example, are used by MISTRAS to announce quarterly financial results and to describe the non-GAAP metrics it uses internally to evaluate performance and liquidity. These filings explain why management relies on measures like Adjusted EBITDA and free cash flow, how they are reconciled to the most comparable GAAP figures, and how they are applied in planning, forecasting, and incentive compensation. Other 8-K filings may cover matters such as equity awards to senior officers and related compensation arrangements.
In addition to 8-Ks, investors typically look to annual reports on Form 10-K and quarterly reports on Form 10-Q for more detailed information about segment performance across North America, International, and Products and Systems, as well as risk factors, debt levels, and cash flow. Proxy statements on Schedule 14A and related documents can provide further context on governance and executive compensation, while Forms 3, 4, and 5, when filed, disclose insider holdings and transactions in MG stock.
On Stock Titan, MISTRAS filings are paired with AI-powered summaries that highlight key points from lengthy documents, helping users quickly understand the main drivers behind reported results, changes in non-GAAP metrics, and other material disclosures. Real-time updates from EDGAR, combined with simplified explanations, make it easier to track how MISTRAS communicates its financial and operational position through its SEC reporting.
Mistras Group, Inc. executive Hammad Hanei Wail, EVP & Chief Operating Officer, reported a small tax-related share disposition. On the vesting of restricted stock units, 337 shares of common stock were withheld at $15.68 per share to cover taxes. Following this routine withholding, he holds 64,642 common shares directly.
Mistras Group, Inc. Sr. EVP and CFO Edward Prajzner reported two tax-withholding dispositions of common stock tied to vesting equity awards. On March 7, 2026, 2,540 shares were withheld at $14.82 per share. On March 4, 2026, 698 shares were withheld at $15.68 per share. Footnotes state these transactions represent shares withheld to pay taxes upon vesting of restricted stock units and performance-based restricted stock units, rather than open-market sales. Following these transactions, Prajzner directly owned 151,682 common shares.
Mistras Group EVP and Chief Commercial Officer Gennaro A. D'Alterio reported a small tax-related share disposition. He disposed of 184 shares of Mistras Group common stock at $15.68 per share to cover taxes upon vesting of restricted stock units, and now directly holds 47,239 common shares.
Mistras Group, Inc. executive Hammad Hanei Wail, EVP & Chief Operating Officer, reported updated insider activity. On February 25, 2026, he acquired 29,762 shares of common stock at $0.00 per share as a restricted stock unit (RSU) award for a performance grant. According to the footnote, these RSUs vest on December 31 in 2026, 2027, 2028 and 2029. After this award, his directly owned stake was 88,357 common shares.
The amended filing also restates a prior transaction from March 25, 2025, when 6,384 shares were disposed of at $10.79 per share to satisfy tax obligations through a tax-withholding disposition, not an open-market sale. Following that earlier transaction, he directly held 58,595 shares.
Mistras Group, Inc. reported that President and CEO Natalia Shuman-Fabbri acquired a grant of 101,190 shares of Common Stock on February 25, 2026. The shares were awarded at a stated price of $0.00 per share, bringing her direct holdings to 126,190 shares after the transaction.
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.
Mistras Group Sr. EVP and CFO Edward J. Prajzner reported offsetting equity transactions in company stock. On February 25, 2026, he acquired 37,202 shares of common stock as a grant or award at $0.00 per share, increasing his direct holdings.
On February 28, 2026, he disposed of 1,303 shares of common stock at a price of $15.28 per share in a tax-withholding disposition, used to satisfy tax obligations on equity compensation. After these transactions, he directly held 154,920 common shares.
Mistras Group EVP & Chief Operating Officer Hammad Hanei Wail reported mixed equity transactions in company stock. On February 25, 2026, he acquired 29,762 shares of common stock at a price of $0.0000 per share as a grant or award. A footnote explains this represents restricted stock units earned from a performance award that will vest on December 31 in 2026, 2027, 2028 and 2029. Following this grant, his directly owned stake increased to 88,357 shares. The filing also reports a prior disposition to the issuer on March 25, 2025, where 6,384 shares of common stock were surrendered at $10.7900 per share, leaving 58,595 shares directly owned after that transaction.
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.
Mistras Group reported mixed but margin-focused results for Q4 and full-year 2025. Fourth-quarter revenue was $181.5 million, up 5.1%, with gross margin improving to 28.4%. Net income was $3.9 million, or $0.12 per diluted share, while Adjusted EBITDA reached a record $24.8 million, up 18.2% with a 13.7% margin.
For 2025, revenue was $724.0 million, slightly below 2024, but gross margin rose to 28.2%. Net income was $16.8 million, or $0.53 per diluted share, versus $19.0 million and $0.60 a year earlier, while record Adjusted EBITDA increased 10.5% to $91.1 million with a 12.6% margin.
Operating cash flow declined to $33.0 million and free cash flow to $3.8 million, mainly from higher receivables and capital spending. Gross debt was $178.0 million and net debt $150.0 million, with a bank leverage ratio of about 2.5x, below the 3.75x maximum. The company recorded $12.7 million of 2025 reorganization and other costs and highlighted plans to keep investing in higher-return, technically differentiated opportunities in 2026.