Insider Steven Shaw boosts Mastech Digital (MHH) stake with share buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mastech Digital, Inc. insider Steven A. Shaw, a more than 10% owner, reported open-market purchases of a total of 5,042 shares of common stock. The shares were bought for the Rachel Lynn Shaw Trust, where he serves as trustee, at weighted average prices of $5.94 and $6.24 per share. Following these indirect transactions, the trust held 40,000 shares, and a separate line item reflects direct ownership of 1,310,100 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,042 shares ($30,322)
Net Buy
3 txns
Insider
SHAW STEVEN A
Role
10% Owner
Bought
5,042 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,242 | $6.24 | $8K |
| Purchase | Common Stock | 3,800 | $5.94 | $23K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,000 shares (Indirect, By Rachel Lynn Shaw Trust);
Common Stock — 1,310,100 shares (Direct)
Footnotes (1)
- This purchase was executed through multiple trades at prices ranging from $5.89 to $6.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price for all transactions reported on this Form 4. The reporting person is the trustee of the Rachel Lynn Shaw Trust.
FAQ
What insider transactions did Mastech Digital (MHH) report in this Form 4?
The Form 4 reports that a more than 10% owner associated with Steven A. Shaw bought 5,042 Mastech Digital common shares in open-market transactions. These purchases were made across two days at different weighted average prices.
Were the Mastech Digital (MHH) insider trades open-market purchases or another type of transaction?
The reported Mastech Digital insider trades were open-market purchases of common stock. The filing classifies them with transaction code “P,” described as purchases in open-market or private transactions, and provides weighted average purchase prices for the trades.