secwatch.observer — SEC 8-K summary
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Issuer:     Mistras Group, Inc. (MG)
CIK:        0001436126
Form:       8-K/A
Filed at:   2025-01-02T23:59:59+00:00
Accession:  0001436126-25-000008
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mistras Group finalizes Executive Chairman Stamatakis pay; base $725K, option for 375K shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436126/000143612625000008/0001436126-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436126/000143612625000008/stamatakis8-k.htm
  HTML page:      https://secwatch.observer/filing/0001436126-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer