Hammad Hanei Wail 4/A

What Happened

• Hammad Hanei Wail, Chief Operating Officer of Mistras Group, had two reported transactions: a 3/25/2025 disposition of 6,384 shares (used to satisfy tax withholding) at $10.79 per share for proceeds of $68,883, and a 2/25/2026 grant of 29,762 shares reported as an acquisition (no cash cost reported, recorded at $0). The filing is an amended Form 4 submitted 2026-03-09 to correct the 3/25/2025 transaction code and an attorney-in-fact signature line.

Key Details

• Transaction dates and prices:
  • 2025-03-25: 6,384 shares disposed at $10.79 — $68,883 (code corrected to F: tax withholding/related disposition).
  • 2026-02-25: 29,762 shares granted (code A — award/acquisition) at $0 reported.
• Shares owned after the transactions: not specified in the amended filing.
• Footnote: The 29,762-share award represents restricted stock units (RSUs) tied to a performance award; they vest on December 31 in 2026, 2027, 2028 and 2029.
• Filing status: This is an amendment (Form 4A) filed 2026-03-09 to correct the earlier 3/25/2025 transaction code from D to F and to fix the attorney-in-fact signature; investors should treat this as a corrected record.

Context

• Code F indicates the 3/25/2025 share disposition was to satisfy tax withholding obligations (a routine action associated with awards), not necessarily a voluntary market sale for investment reasons.
• The 2/25/2026 line is an award (RSUs) rather than an open-market purchase; RSUs vest over multiple years, so the economic benefit is staggered and not immediate.