Form 4: Richard H. Glanton Reports Changes in Beneficial Ownership of Mistras Group, Inc. Stock
SEC Filing Form 4
Director Richard H. Glanton reports acquisition of Mistras Group, Inc. stock as director fees and disposition of shares held in trust.
Summary
- Richard H. Glanton, a director of Mistras Group, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On May 19, 2025, Glanton acquired 14,447 shares of common stock as an award for director fees at a price of $0.
- Following this transaction, Glanton directly owns 61,569 shares.
- Glanton also indirectly owns 2,810 shares held in trust for his daughter, with his spouse having voting and dispositive power as trustee.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares as director fees suggests continued alignment of interests between the director and the company's shareholders.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of stock acquisition as director fees. |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, beneficial ownership, Mistras Group, Richard Glanton, director fees, stock acquisition, trust
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