DEBENEDICTIS NICHOLAS 4
Research Summary
AI-generated summary
Mistras (MG) Director Nicholas Debenedictis Receives 6,862-Share Award
What Happened
Nicholas Debenedictis, a director of Mistras Group, Inc. (MG), received an award of 6,862 shares on May 19, 2026 as compensation for director fees. The shares were granted at $0.00 per share (total reported value $0), reflecting an equity award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-19; filing date: 2026-05-21 (Form 4 accession 0001436126-26-000093).
- Transaction type: Award/Grant (code A). Price per share reported: $0.00. Total reported cash value: $0.
- Shares acquired: 6,862 shares.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — transaction represents an award of stock for director fees.
- Filing timeliness: Filing posted two days after the transaction date; the filing does not indicate a late reporting flag.
Context
This was a compensation award to a board member, not a purchase or sale in the open market. Director equity awards are common as part of compensation packages and do not necessarily signal the director's view on near‑term stock performance.