Mativ (NYSE: MATV) CLO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mativ Holdings CLO and Corporate Secretary Mark W. Johnson reported equity-based compensation activity. On April 26, 2024, he was granted 20,664 RSUs that vest in three equal annual installments beginning February 13, 2025. On February 13, 2026, 6,888 of these RSUs vested and were exercised into 6,888 shares of common stock at a stated price of $0.00 per share.
On the same date, 2,439 shares of common stock were disposed of at $14.52 per share to satisfy tax withholding obligations related to the RSU vesting. After these transactions, he held 128,057 shares of Mativ Holdings common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,888 shares exercised/converted
Mixed
3 txns
Insider
JOHNSON MARK W
Role
CLO and Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU | 6,888 | $0.00 | -- |
| Exercise | Common Stock | 6,888 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,439 | $14.52 | $35K |
Holdings After Transaction:
RSU — 6,888 shares (Direct);
Common Stock — 130,496 shares (Direct)
Footnotes (1)
- On April 26, 2024, the reporting person was granted 20,664 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 13, 2025 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 6,888 RSUs vested on February 13, 2026. Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
FAQ
What insider transactions did Mativ (MATV) report for Mark W. Johnson?
Mativ reported that CLO and Corporate Secretary Mark W. Johnson had 6,888 RSUs vest and convert into common stock, and 2,439 shares were disposed of to cover tax withholding obligations, leaving him with 128,057 directly held common shares afterward.
How many RSUs vested for Mativ (MATV) executive Mark W. Johnson?
On February 13, 2026, 6,888 RSUs granted to Mark W. Johnson vested. These RSUs were part of a 20,664-unit award granted on April 26, 2024, scheduled to vest in three equal annual installments beginning February 13, 2025.
What were the terms of the RSU grant to Mativ (MATV) executive Mark W. Johnson?
Mark W. Johnson received 20,664 RSUs on April 26, 2024, subject to time-based vesting. The award vests in three equal annual installments beginning on February 13, 2025, with each RSU representing a right to one share of common stock or cash upon vesting.