Mistras Group, Inc.·4

Mar 10, 2:34 PM ET

Hammad Hanei Wail 4

Research Summary

AI-generated summary

Updated

Mistras (MG) COO Hammad Hanei Wail Withholds 337 Shares for Taxes

What Happened
Hammad Hanei Wail, Chief Operating Officer of Mistras Group, had 337 shares withheld to satisfy tax withholding upon vesting of restricted stock units (RSUs). The withholding was recorded at $15.68 per share, for a total tax withholding value of approximately $5,284. This is a routine tax-withholding disposition of vested shares, not an open-market sale.

Key Details

  • Transaction date: 2026-03-04; Filing date: 2026-03-10 (filed 6 days after the transaction).
  • Price per share: $15.68; Shares withheld/disposed: 337; Total value: ~$5,284.
  • Shares owned after transaction: not disclosed in the provided filing excerpt.
  • Footnote: F1 — shares were withheld to pay taxes upon vesting of restricted stock units (tax withholding).
  • Transaction code: F (tax withholding). The filing appears to be late relative to the typical 2-business-day Form 4 deadline.

Context
Tax-withholding on vested RSUs is a common administrative action and generally does not indicate the insider is selling shares for investment reasons. This transaction represents a disposition for tax purposes, not a market sale by the insider.