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 655 shares to cover tax liabilities resulting from vesting restricted stock units.
Summary
- On March 19, 2025, Gennaro A. D'Alterio, EVP and Chief Commercial Officer of Mistras Group, Inc., disposed of 655 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $9.84 per share.
- Following the transaction, D'Alterio directly owns 29,510 shares of Mistras Group, Inc.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax obligation fulfillment) with no inherent positive or negative implications for the company's overall performance or outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations arising from vested equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Disposal of 655 shares of Mistras Group, Inc. common stock. |
| 03/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Mistras Group, MG, Gennaro A. D'Alterio, Insider Trading, Share Disposal, Tax Liability, Restricted Stock Units, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.