Mistras Group (MG) chair uses 814 shares for tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mistras Group Executive Chairman Manuel N. Stamatakis reported a tax-related share disposition. On March 4, 2026, he disposed of 814 shares of Mistras Group common stock at $15.68 per share through a tax-withholding transaction, not an open-market sale. After this filing, he directly holds 509,795 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stamatakis Manuel N.
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 814 | $15.68 | $13K |
Holdings After Transaction:
Common Stock — 509,795 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Mistras Group (MG) report for Manuel N. Stamatakis?
Mistras Group reported that Executive Chairman Manuel N. Stamatakis disposed of 814 common shares in a tax-withholding transaction. This aligns with Form 4 code F, which reflects payment of tax liabilities by delivering securities rather than an open-market trade.
Did the Mistras Group (MG) insider sale involve an open-market transaction?
No, the filing classifies the transaction as a tax-withholding disposition under code F, not an open-market sale. Shares were delivered to cover tax liabilities tied to equity awards, so it does not represent a discretionary buy-or-sell decision in the market.
What does Form 4 code F mean in the Mistras Group (MG) insider filing?
Form 4 code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 814 Mistras Group shares were disposed of to satisfy tax obligations, distinguishing it from an ordinary open-market sale or purchase of the company’s stock.
What role does Manuel N. Stamatakis hold at Mistras Group (MG)?
Manuel N. Stamatakis serves as Executive Chairman and director at Mistras Group. His Form 4 filing reflects activity in his personal holdings, specifically a tax-withholding disposition of 814 common shares while retaining direct ownership of 509,795 shares after the transaction.