Prajzner Edward J 4
Research Summary
AI-generated summary
Mistras (MG) CFO Edward Prajzner Receives Award of 37,202 RSUs
What Happened
- Edward J. Prajzner, Senior EVP and Chief Financial Officer of Mistras Group, was granted 37,202 restricted stock units (RSUs) on Feb 25, 2026 (reported at $0.00 per share). On Feb 28, 2026, 1,303 shares were disposed of to satisfy tax withholding obligations at $15.28 per share, yielding $19,910. The RSU award is a performance-based grant.
Key Details
- Grant date: 2026-02-25 — 37,202 RSUs granted (reported price $0.00).
- Tax withholding sale: 2026-02-28 — 1,303 shares sold at $15.28 each for $19,910 (transaction code F).
- Vesting: The award vests 25% on each December 31 in 2026, 2027, 2028 and 2029 (per filing footnote).
- Shares owned after the transactions: not specified in this Form 4.
- Filing/timeliness: Form 4 filed on 2026-03-06; Form 4s are generally due within two business days of the transaction, so this filing appears later than typical.
Context
- The primary event is an RSU grant (an acquisition/award). The small sale three days later was a tax-withholding disposition — a common administrative step when RSUs vest or are paid out — and doesn’t necessarily signal an investment decision. This is not an open-market purchase or sale for cash liquidity beyond satisfying withholding.
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