SHAW STEVEN A 4/A
Research Summary
AI-generated summary
Mastech Digital (MHH) 10% Owner Steven A. Shaw Buys 4,880 Shares
What Happened
Steven A. Shaw, a 10% owner of Mastech Digital and trustee of the Rachel Lynn Shaw Trust, made open‑market purchases on January 29–30, 2026. He acquired 4,480 shares on Jan 29 at a weighted average price of $6.96 (range $6.92–$6.99) for approximately $31,181, and 400 shares on Jan 30 at $7.08 for $2,832 — a total of 4,880 shares for about $34,013. This filing is an AMENDMENT correcting previously misstated beneficial ownership amounts for the trust and to report shares owned directly by Mr. Shaw.
Key Details
- Transaction type: Open‑market purchases (P).
- Dates & prices: Jan 29, 2026 — 4,480 shares @ weighted avg $6.96 (range $6.92–$6.99); Jan 30, 2026 — 400 shares @ $7.08.
- Value: ~$31,181 (Jan 29) + $2,832 (Jan 30) = ~$34,013 total.
- Shares owned after transaction: The reporting person directly owned 1,310,100 shares as of the period covered (the amendment corrects the Rachel Lynn Shaw Trust’s beneficial holdings; the corrected trust total is reported in the amended Form 4).
- Notable footnotes:
- F1: Jan 29 purchase executed across multiple trades; price shown is a weighted average (details available on request).
- F2–F4: This amended Form 4 corrects earlier filings that misstated the trust’s holdings and clarifies Shaw’s direct ownership.
- F5: The reporting person is the trustee of the Rachel Lynn Shaw Trust.
- Filing timeliness: The amendment was filed March 3, 2026. Because the purchases occurred Jan 29–30 and Form 4s are normally due within two business days of the transaction, this filing is late and amends prior misstatements.
Context
- Purchases (insider buys) are generally considered more informative than routine sales because they indicate the insider acquired additional shares; these appear to be trust/open‑market purchases rather than company stock awards or option exercises.
- As a 10% owner and trustee, Mr. Shaw is a large shareholder rather than necessarily an executive; his trades reflect the activity of a major holder/trustee.