Welcome to our dedicated page for Mastech Digital SEC filings (Ticker: MHH), 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.
Mastech Digital SEC filings document the company's digital transformation IT services business, public-company governance, and NYSE American-listed common stock. Form 8-K reports cover quarterly operating results, share repurchase authorization, material lease agreements, changes in the independent registered public accounting firm, and executive compensation arrangements involving restricted stock.
Proxy materials disclose board and shareholder-voting matters, named executive compensation, equity award information, and governance procedures. The filing record also includes exhibit-based disclosures for press releases, employment and compensation agreements, and other material contracts that affect the company's capital structure, corporate administration, and reporting obligations.
Mastech Digital, Inc. major shareholder Steven A. Shaw reported open-market purchases of the company’s common stock through the Rachel Lynn Shaw Trust. On April 9, 2026, the trust bought 4,000 shares at a weighted average price of $6.05 per share. On April 10, 2026, it bought an additional 2,000 shares at a weighted average price of $6.19 per share, for total recent purchases of 6,000 shares. After these transactions, the trust held 46,000 shares indirectly, while Shaw also held 1,310,100 shares directly.
Mastech Digital, Inc. is holding its 2026 Annual Meeting of Shareholders on May 13, 2026 in Las Colinas, Texas. Shareholders will vote on electing two Class III directors for terms expiring in 2029, amending the Stock Incentive Plan to permit grants of restricted stock units (RSUs), and an advisory say‑on‑pay vote on named executive officer compensation.
The record date is March 31, 2026, when 11,875,706 common shares were outstanding, and the Board unanimously recommends voting in favor of all three proposals.
Mastech Digital, Inc. granted its CFO and COO, Sugantharaman Kannan, a non-qualified stock option to purchase 150,000 shares of common stock on April 14, 2025. The option has an exercise price of $7.60 per share and expires on April 14, 2035.
The award vests in tranches: 18,750 shares on each of April 14, 2026, 2027, 2028, and 2029, with the remaining shares vesting only if the company’s Quarterly Average Market Capitalization exceeds $300,000,000, $450,000,000, and $600,000,000 during his employment.
Mastech Digital, Inc. executive Sugantharaman Kannan, the company’s CFO and COO, filed an initial insider ownership report on Form 3. This filing establishes his status as a reporting person for Mastech Digital securities. The data provided show no share purchases, sales, grants, or other transactions at this time.
Mastech Digital, Inc. amended a prior report to add a Restricted Stock Agreement with its Chief Executive Officer and President, Nirav Patel, covering his 2025 performance bonus. For 2025, Mr. Patel earned a bonus of $616,932, which he agreed to receive as restricted shares instead of cash.
The Compensation Committee used a 30‑day volume‑weighted average price of $6.15 per share, resulting in 100,314 restricted shares that vest immediately. Mr. Patel is prohibited from disposing of these shares until March 30, 2028, unless restrictions lapse earlier due to separation, death, or disability.
Mastech Digital, Inc. disclosed that CEO and President Nirav Patel’s 2025 annual performance bonus will be paid entirely in company stock instead of cash. For 2025, Mr. Patel earned a performance bonus of $616,932.00.
The Compensation Committee converted this amount into equity using a 30‑day volume‑weighted average price of $6.15 per share, resulting in 100,314 restricted shares that vest immediately. Although vested, these shares cannot be disposed of until March 30, 2028, unless restrictions lapse earlier upon separation from the company, death, or disability.
The arrangement is documented in a Restricted Stock Agreement dated March 30, 2026, which works alongside Mr. Patel’s existing Executive Employment Agreement governing his eligibility for annual performance bonuses based on Board‑determined performance goals.
Mastech Digital, Inc. reports on its 2024 operations as a two-segment provider of digital transformation IT services: Data and Analytics Services and IT Staffing Services. The company focuses on data management, analytics, digital learning and mainstream IT staffing, serving mainly North American clients.
Financially, its market value of voting stock held by non‑affiliates was $24.9 million as of June 30, 2024, with 11,858,401 common shares outstanding as of March 1, 2026. Revenue is highly concentrated, with 58% from the top ten clients and 54% from financial services clients in 2025.
Mastech employs 752 people in North America and 536 offshore, plus 200 subcontractors, and relies heavily on H1‑B visa holders. Key risks include talent recruitment and retention, wage inflation in India, MSP and Global Capability Center trends pressuring margins, leverage and covenant limits under its credit facility, cybersecurity threats, climate and pandemic disruptions, AI-related regulatory and ethical issues, and potential changes to immigration and tax laws.
Mastech Digital, Inc. entered into a new office lease with EPC-CW15, LLC for space at 3300 Olympus Boulevard, Suite 560, Dallas, Texas. The lease covers approximately 5,895 square feet.
The initial term starts on August 24, 2026 (or later as specified) and runs for five years after a five-month rent abatement period, with one optional five-year renewal. Monthly base rent begins at $18,176.25 for months 1–12 (after the abatement) and steps up to $20,259.15 in months 49–60. Mastech Digital will also pay its pro rata share of property, operating, and maintenance expenses.
Mastech Digital, Inc. insider Steven A. Shaw, a more than 10% owner, reported open-market purchases of a total of 5,042 shares of common stock. The shares were bought for the Rachel Lynn Shaw Trust, where he serves as trustee, at weighted average prices of $5.94 and $6.24 per share. Following these indirect transactions, the trust held 40,000 shares, and a separate line item reflects direct ownership of 1,310,100 shares of common stock.