Mativ Holdings, Inc. (MATV) director reports 5,499-share tax withholding event
Rhea-AI Filing Summary
Mativ Holdings, Inc. director Marco Levi reported a tax-related share disposition. On July 1, 2026, 5,499 shares of common stock were withheld by the company at $7.57 per share to satisfy tax withholding obligations upon settlement of restricted stock units, which the filing states was not a discretionary transaction. Following this withholding, Levi directly holds 57,201 common shares. The filing notes it was submitted late due to an administrative error discovered afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,499 shares
Net Sell
1 txn
Insider
Levi Marco
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 5,499 | $7.57 | $42K |
Holdings After Transaction:
Common Stock — 57,201 shares (Direct)
Footnotes (2)
- F1. This Form 4 was not timely filed due to an administrative error. The failure to timely report the transaction was inadvertent, and this report is being filed promptly upon discovery.
- F2. Represents shares withheld by the Company to satisfy tax withholding obligations upon the settlement of restricted stock units and does not represent a discretionary transaction by the Reporting Person.
Key Figures
Shares withheld for taxes: 5,499 shares
Per-share value: $7.57 per share
Shares held after transaction: 57,201 shares
+1 more
4 metrics
Shares withheld for taxes
5,499 shares
Common stock withheld on July 1, 2026 to satisfy tax withholding obligations
Per-share value
$7.57 per share
Value applied to 5,499 withheld shares of common stock
Shares held after transaction
57,201 shares
Directly owned common shares by Marco Levi following the withholding
Tax-withholding transactions
1 transaction, 5,499 shares
Summary of tax-withholding dispositions reported in this Form 4
Key Terms
restricted stock units, tax withholding obligations, Form 4, non-discretionary transaction
4 terms
restricted stock units financial
"upon the settlement of restricted stock units and does not represent"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares withheld by the Company to satisfy tax withholding obligations upon the"
Form 4 regulatory
"This Form 4 was not timely filed due to an administrative error."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-discretionary transaction financial
"does not represent a discretionary transaction by the Reporting Person."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Mativ (MATV) director Marco Levi report?
Marco Levi reported a tax-withholding disposition of Mativ common stock. On July 1, 2026, 5,499 shares were withheld by the company to cover tax obligations upon settlement of restricted stock units, rather than a discretionary sale.
Was the Mativ (MATV) Form 4 for Marco Levi filed on time?
The Form 4 was not filed on time. A footnote explains the report was delayed due to an administrative error, describes the failure to report as inadvertent, and states it is being filed promptly upon discovery.
Was Marco Levi’s Mativ (MATV) transaction part of a Rule 10b5-1 plan?
The filing indicates the transaction was not under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is not affirmed, and a footnote characterizes the event as non-discretionary tax withholding tied to restricted stock unit settlement.
Does the Mativ (MATV) Form 4 describe a market sale by Marco Levi?
No. The Form 4 states the 5,499 shares represent shares withheld by the company to satisfy tax withholding obligations on restricted stock units and explicitly notes this does not represent a discretionary transaction by Marco Levi.