4/A: Mastech Digital Director Corrects Share Ownership

Sentiment:

Insider Transaction Amendment 3 March 2026 6:01 PM

Mastech Digital Director Steven A. Shaw filed an amended Form 4 to correct previously reported beneficial ownership of common stock, including recent purchases.

Summary

Steven A. Shaw, a Director and 10% Owner of Mastech Digital, Inc., filed an amended Form 4 (Form 4/A) to correct previously misstated beneficial ownership information.
The amendment clarifies the number of common stock shares beneficially owned by the Rachel Lynn Shaw Trust and explicitly states the shares directly owned by Mr. Shaw.
On January 29, 2026, the Rachel Lynn Shaw Trust purchased 4,480 shares of common stock at a weighted average price of $6.96 per share.
On January 30, 2026, the Rachel Lynn Shaw Trust purchased an additional 400 shares of common stock at $7.08 per share.
Following these transactions, the Rachel Lynn Shaw Trust beneficially owned 34,958 shares.
Mr. Shaw directly owned 1,310,100 shares of common stock consistently from July 15, 2025, through March 3, 2026.
Previous Form 4 filings from December 11, 2025, September 22, 2025, September 2, 2025, August 22, 2025, and July 17, 2025, also misstated the trust's beneficial ownership and did not separately state Mr. Shaw's direct ownership.
The Form 4 filed on July 17, 2025, also incorrectly stated that Mr. Shaw was a contingent residual beneficiary of the Rachel Lynn Shaw Trust.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing as moderately positive due to the insider purchases by a significant owner, indicating confidence. However, the need for multiple amendments to correct ownership details introduces a minor concern regarding reporting accuracy.

Positives

Insider buying by a Director and 10% owner, Steven A. Shaw, through the Rachel Lynn Shaw Trust, indicates confidence in the company.
The Rachel Lynn Shaw Trust purchased 4,480 shares of common stock at a weighted average price of $6.96 on January 29, 2026.
The Rachel Lynn Shaw Trust purchased an additional 400 shares of common stock at $7.08 on January 30, 2026.
The reporting person directly owns a significant stake of 1,310,100 shares of common stock.

Negatives

Multiple previous Form 4 filings (December 11, 2025, September 22, 2025, September 2, 2025, August 22, 2025, and July 17, 2025) contained misstatements regarding beneficial ownership by the Rachel Lynn Shaw Trust.
Previous filings failed to separately state the number of shares of common stock directly owned by the reporting person.
The Form 4 filed on July 17, 2025, incorrectly stated the reporting person's beneficiary status for the Rachel Lynn Shaw Trust.

Future Outlook

Industry Context

StockSavvy.ai notes that insider buying, especially by a director and significant owner, can signal management's confidence in the company's future prospects, even when correcting past reporting errors. This type of transaction is closely watched by investors for insights into internal perceptions of value.

Stakeholder Impact

Shareholders: The insider purchases could be seen as a positive signal of management confidence in the company's valuation. The corrections improve transparency and accuracy of ownership data, which is beneficial for informed decision-making.

Next Steps

The reporting person undertakes to provide full information regarding the number of shares purchased at each separate price for all transactions reported on this Form 4 upon request to the SEC staff, the Issuer, or a security holder of the Issuer.

Key Dates

Date	Description
2025-07-15	Rachel Lynn Shaw Trust owned 12,368 shares of Common Stock following purchase of 3,068 shares.
2025-07-16	Rachel Lynn Shaw Trust purchased 300 shares, increasing ownership to 12,668 shares.
2025-07-16	Rachel Lynn Shaw Trust purchased 500 shares, increasing ownership to 13,168 shares.
2025-07-17	Original Form 4 filed, which incorrectly stated beneficial ownership and reporting person's beneficiary status.
2025-08-21	Rachel Lynn Shaw Trust purchased 4,800 shares, increasing ownership to 17,968 shares.
2025-08-22	Original Form 4 filed, which misstated beneficial ownership.
2025-08-29	Rachel Lynn Shaw Trust purchased 3,500 shares, increasing ownership to 21,468 shares.
2025-09-02	Original Form 4 filed, which misstated beneficial ownership.
2025-09-19	Rachel Lynn Shaw Trust purchased 4,537 shares, increasing ownership to 26,005 shares.
2025-09-22	Original Form 4 filed, which misstated beneficial ownership.
2025-12-09	Rachel Lynn Shaw Trust purchased 2,758 shares, increasing ownership to 28,763 shares.
2025-12-10	Rachel Lynn Shaw Trust purchased 1,315 shares, increasing ownership to 30,078 shares.
2025-12-11	Original Form 4 filed, which misstated beneficial ownership.
2026-01-29	Rachel Lynn Shaw Trust purchased 4,480 shares of Common Stock at a weighted average price of $6.96.
2026-01-30	Rachel Lynn Shaw Trust purchased 400 shares of Common Stock at $7.08.
2026-02-02	Date of Original Form 4 filed, which this amendment corrects.
2026-03-03	Signature date of the amended Form 4.

Recommendation

hold

The insider purchases by a Director and 10% owner, Steven A. Shaw, through the Rachel Lynn Shaw Trust, indicate management confidence in Mastech Digital, Inc. However, the necessity of multiple amendments to correct previously misstated beneficial ownership details raises concerns about reporting accuracy. Investors should hold and monitor for further clarity on the company's operational performance and continued accuracy in disclosures.

Keywords

Mastech Digital, MHH, Insider Trading, Form 4/A, Beneficial Ownership, Director, Stock Purchase, Steven A. Shaw, Equity Securities

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