leadership
confidence high
sentiment neutral
materiality 0.50
Mistras Group finalizes Executive Chairman Stamatakis pay; base $725K, option for 375K shares
Mistras Group, Inc.
- Base salary $725,000, target bonus 100% of base (0-200% range), target equity 200% of base (0-200% range).
- Stock option for 375,000 shares at Jan 6, 2025 closing price, vesting on first anniversary.
- Severance: lump sum of 200% of base salary on qualifying termination without cause/good reason (except post-change-in-control).
- Employment agreement effective Jan 1, 2025, replaces prior agreement from Oct 2023.