Foglia Stephanie Athena 4

What Happened

• Stephanie Athena Foglia, reported as a 10% owner and trustee, disposed of 411,875 shares of Mistras Group, Inc. (MG) on 2026-06-10. The transaction is coded as a Gift (G) and was reported with a $0 sale price — the shares were transferred as an annuity payment from a grantor retained annuity trust (GRAT).

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely within the standard two-business-day window).
• Transaction type/code: Gift (G); reported consideration: $0.00.
• Shares transferred: 411,875 shares (disposed/transferred from the GRAT).
• Shares owned after transaction: not specified in the provided filing.
• Footnote F1: The shares represent an ordinary-course annuity payment by the 2025 Irrevocable Two-Year Grantor Retained Annuity Trust of Aspasia F. Vahaviolos (GRAT).
• Footnote F2: Foglia is the trustee for the GRAT, has sole voting and dispositive power over the GRAT’s MG shares, and disclaims beneficial ownership except to the extent of any pecuniary interest.

Context

• This was a trust/estate-planning related transfer (GRAT annuity payment), not an open-market sale or purchase by an executive. Gifts and trust distributions generally do not signal personal bullish or bearish trading intent. As a reported 10% owner and trustee, the filing reflects institutional/trust activity rather than routine insider buying/selling for investment signal.