Form 4: Mistras Group Executive Vice President John A. Smith Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John A. Smith, Executive Vice President of Mistras Group, Inc., reports a transaction involving the withholding of shares for tax liability related to vesting restricted stock units.
Summary
- On April 3, 2024, John A. Smith, Executive Vice President of Mistras Group, Inc., reported a change in beneficial ownership of the company's common stock.
- The transaction involved the withholding of 1,071 shares to cover tax liabilities arising from the vesting of restricted stock units.
- The shares were withheld at a price of $9.67 per share.
- Following the transaction, Smith directly owns 100,447 shares of Mistras Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reflecting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: shares withheld for tax liability. |
| 04/05/2024 | Date of signature on the Form 4 filing. |
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