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. 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.
Mastech Digital, Inc. major shareholder Steven A. Shaw reported amended insider activity involving Mastech Digital common stock. Through the Rachel Lynn Shaw Trust, he reported open-market purchases of 4,880 shares, including 4,480 shares at $6.96 on January 29, 2026 and 400 shares at $7.08 on January 30, 2026.
The amendment also corrects prior filings by updating the number of shares beneficially owned by the trust after these trades and explicitly stating that Shaw directly owned 1,310,100 Mastech Digital shares throughout the period from July 15, 2025 through March 3, 2026, in addition to the trust holdings.
Mastech Digital reported softer results for the fourth quarter and full year 2025 but highlighted operational progress and a new capital return plan. Fourth-quarter revenue was $45.5 million, down 10.4% year over year, with Data and Analytics Services at $7.8 million and IT Staffing Services at $37.7 million. Gross margin was 28.3%. GAAP net income rose to $1.0 million, while non-GAAP net income was $2.5 million.
For 2025, revenue was $191.4 million, down 3.8% from 2024. GAAP net income declined to $0.6 million, but non-GAAP net income held steady at $8.6 million, supported by adjustments for amortization, stock-based compensation, severance, and finance and accounting transition expenses. The Board authorized a new $5,000,000 share repurchase program, and the company repurchased 299,523 shares in 2025 for about $2.2 million under a prior program, signaling ongoing buybacks alongside its EDGE transformation initiative.
Mastech Digital 10% owner reports insider share purchases through a family trust. An entity associated with Steven A. Shaw, the Rachel Lynn Shaw Trust, bought 4,480 Mastech Digital common shares on 01/29/2026 at a weighted average price of $6.96 per share and 400 shares on 01/30/2026 at $7.08 per share. After these transactions, the trust held 1,345,058 Mastech Digital shares, reported as indirectly owned by the insider serving as trustee.
The Capital Management Corporation filed an amended Schedule 13G/A reporting a passive ownership stake in Mastech Digital, Inc. common stock. It reports beneficial ownership of 862,329 shares, representing 7.4% of the outstanding common stock as of the 12/31/2025 event date.
The firm has sole voting power over 844,929 shares and sole dispositive power over 862,329 shares, with no shared voting or dispositive power. The filer certifies the shares were acquired and are held in the ordinary course of business, not to change or influence control of Mastech Digital.
Mastech Digital, Inc. director and 10% owner Steven A. Shaw, as trustee of the Rachel Lynn Shaw Trust, reported open-market purchases of the company’s common stock. On December 9, 2025, the trust bought 2,758 shares at a weighted average price of $7.11, and on December 10, 2025 it bought 1,315 shares at a weighted average price of $7.47.
After these transactions, the trust beneficially owned 1,340,178 Mastech Digital common shares, reported as indirectly owned by Shaw. Both purchases were executed through multiple trades within disclosed price ranges, and the reporting person has committed to provide full trade details upon request.