Form 4: Mistras Group Executive Gennaro A. D'Alterio Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Gennaro A. D'Alterio, EVP and Chief Commercial Officer of Mistras Group, Inc., disposed of 571 shares of common stock on January 6, 2025, to cover tax obligations upon vesting of restricted stock units.
Summary
- On January 6, 2025, Gennaro A. D'Alterio, an executive at Mistras Group, Inc., disposed of 571 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $11.28.
- Following the transaction, D'Alterio directly owns 17,429 shares of Mistras Group, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Date of transaction: Disposal of 571 shares of common stock. |
| 01/07/2025 | Date of signature on the Form 4 filing. |
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