Mativ (NYSE: MATV) Group President gains shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mativ Holdings, Inc. Group President Ryan Michael Elwart reported stock-based compensation activity tied to restricted stock units. On April 26, 11,070 RSUs converted into common stock, and 3,318 shares of common stock were withheld to cover related tax obligations. Following these vesting and tax-withholding transactions, he held 151,994 shares of Mativ common stock directly. These were not open-market purchases or sales but routine equity award vesting and associated tax payments.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,070 shares exercised/converted
Mixed
3 txns
Insider
Elwart Ryan Michael
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU | 11,070 | $0.00 | -- |
| Exercise | Common Stock | 11,070 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,318 | $9.76 | $32K |
Holdings After Transaction:
RSU — 0 shares (Direct, null);
Common Stock — 155,312 shares (Direct, null)
Footnotes (1)
- On April 26, 2024, the reporting person was granted 22,140 RSUs subject to time vesting in two equal annual installments beginning on April 26, 2025. The RSUs reported herein represent the second and final installment of such grant. Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
Key Figures
RSUs vested and converted: 11,070 shares
Shares withheld for taxes: 3,318 shares
Direct common shares after transactions: 151,994 shares
+2 more
5 metrics
RSUs vested and converted
11,070 shares
RSUs converting into Mativ common stock on April 26, 2026
Shares withheld for taxes
3,318 shares
Tax-withholding disposition on RSU vesting
Direct common shares after transactions
151,994 shares
Direct ownership following April 26, 2026 transactions
Original RSU grant
22,140 RSUs
Granted April 26, 2024; two equal annual installments
Final RSU installment vested
11,070 RSUs
Second and final installment of 2024 grant
Key Terms
RSUs, tax withholding obligation, derivative security, restricted stock units
4 terms
RSUs financial
"the reporting person was granted 22,140 RSUs subject to time vesting"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
restricted stock units financial
"the reporting person was granted 22,140 RSUs subject to time vesting"
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.
FAQ
What insider activity did Mativ (MATV) report for Ryan Michael Elwart?
Mativ reported that Group President Ryan Michael Elwart had 11,070 restricted stock units convert into common stock. As part of this vesting event, 3,318 shares were withheld to satisfy tax obligations, and he continued to hold a substantial direct ownership stake in Mativ.
Were the Mativ (MATV) transactions by Ryan Elwart open-market buys or sells?
The transactions were not open-market trades. They reflect RSU vesting and a tax-withholding disposition, where 3,318 shares were withheld to cover taxes. The filing shows no open-market purchases or sales of Mativ common stock by Ryan Elwart in this report.
What RSU grant underlies the 2026 Form 4 for Mativ (MATV)?
The activity relates to a grant of 22,140 RSUs awarded on April 26, 2024, vesting in two equal annual installments. The 11,070 RSUs in this filing represent the second and final installment of that grant, which converted into Mativ common stock upon vesting.
What does the tax-withholding transaction mean in the Mativ (MATV) Form 4?
The tax-withholding entry reflects 3,318 Mativ shares withheld to pay taxes due when RSUs vested. This disposition is a non-market event where shares are surrendered to cover tax liability, rather than sold in the open market for investment or trading purposes.