Form 4: Mistras Group Director Sotirios J. Vahaviolos Reports Gift of Common Stock
SEC Form 4 Filing
Sotirios J. Vahaviolos, a director and 10% owner of Mistras Group, Inc., reported a gift of 2,112 shares of common stock on December 23, 2019, which was inadvertently omitted from a previous filing.
Summary
- On December 23, 2019, Sotirios J. Vahaviolos, a director and 10% owner of Mistras Group, Inc., gifted 2,112 shares of common stock.
- This transaction was initially omitted from the Form 5 filing on January 3, 2020, and is now being reported.
- Following the reported transaction, Vahaviolos beneficially owns 10,352,803 shares of Mistras Group, Inc. common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous omission, so the sentiment is neutral.
Industry Context
This is a standard SEC filing related to changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market.
Stakeholder Impact
- The correction of the filing ensures transparency for shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/23/2019 | Date of the gift transaction |
| 01/03/2020 | Date of the original Form 5 filing that omitted the gift |
| 08/19/2024 | Date of signature on the form by attorney-in-fact |
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