Mastech Digital insider buys 1,000 MHH shares
Mastech Digital, Inc. major shareholder Steven A. Shaw reported an open-market purchase of common stock linked to the Rachel Lynn Shaw Trust.
Rhea-AI Filing Summary
Mastech Digital, Inc. major shareholder Steven A. Shaw reported an open-market purchase of common stock linked to the Rachel Lynn Shaw Trust. The trust acquired 1,000 shares at a weighted average price of $7.04 per share on the transaction date, through multiple trades priced between $6.95 and $7.15. Following this transaction, the trust’s indirect holdings rose to 50,000 shares, while Shaw also reports 1,310,100 shares held directly. Shaw is the trustee and a contingent residual beneficiary of the trust, so these shares are reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
SHAW STEVEN A
Role
10% Owner
Bought
1,000 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $7.04 | $7K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,000 shares (Indirect, By Rachel Lynn Shaw Trust);
Common Stock — 1,310,100 shares (Direct)
Footnotes (2)
- F1. This purchase was executed through multiple trades at prices ranging from $6.95 to $7.15. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price for all transactions reported on this Form 4.
- F2. The reporting person is the trustee and a contingent residual beneficiary of the Rachel Lynn Shaw Trust.
Key Figures
Shares purchased: 1,000 shares
Weighted average purchase price: $7.04 per share
Trade price range: $6.95 to $7.15
+3 more
6 metrics
Shares purchased
1,000 shares
Open-market purchase of common stock
Weighted average purchase price
$7.04 per share
Average across multiple trades
Trade price range
$6.95 to $7.15
Individual trade prices for the purchase
Indirect holdings after transaction
50,000 shares
Held by Rachel Lynn Shaw Trust
Direct holdings after transaction
1,310,100 shares
Direct ownership by Steven A. Shaw
Net buy direction
1,000 net shares bought
transactionSummary net-buy direction
Key Terms
open-market purchase, indirect ownership, contingent residual beneficiary, more than 10% beneficial owner
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"transaction_is_buy true, ownership_type indirect"
contingent residual beneficiary financial
"The reporting person is the trustee and a contingent residual beneficiary of the Rachel Lynn Shaw Trust."
more than 10% beneficial owner regulatory
"is_ten_percent_owner: 1 for reporting person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mastech Digital (MHH) disclose on this Form 4?
Mastech Digital disclosed an insider-related open-market purchase of 1,000 shares of common stock at a weighted average price of $7.04 per share, executed through multiple trades between $6.95 and $7.15. The purchase is reported as indirect ownership through a trust.
Who is the reporting person in the Mastech Digital (MHH) Form 4 filing?
The reporting person is Steven A. Shaw, identified as a more than 10% beneficial owner of Mastech Digital. He reports both direct ownership of 1,310,100 shares and indirect ownership through the Rachel Lynn Shaw Trust after the reported transaction.
What are Steven A. Shaw’s total reported Mastech Digital (MHH) holdings after the Form 4?
After the reported transaction, Steven A. Shaw reports 1,310,100 shares of Mastech Digital common stock held directly and 50,000 shares held indirectly through the Rachel Lynn Shaw Trust, where he serves as trustee and contingent residual beneficiary.
How is the Mastech Digital (MHH) insider purchase price range described?
The insider purchase was executed through multiple trades at prices ranging from $6.95 to $7.15 per share. The Form 4 reports a weighted average purchase price of $7.04 per share and offers to provide full trade-by-trade detail on request.
Why is the Rachel Lynn Shaw Trust mentioned in the Mastech Digital (MHH) Form 4?
The Rachel Lynn Shaw Trust is mentioned because the 1,000-share open-market purchase is attributed to the trust. Steven A. Shaw is trustee and a contingent residual beneficiary, so these shares are reported as indirect ownership associated with him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
