Mativ CLO exercises RSUs, withholds shares for tax
Mativ Holdings CLO and Corporate Secretary Mark W. Johnson reported equity-based compensation activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU | 6,888 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,888 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,439 | $14.52 | $35K |
Footnotes (2)
- F1. 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.
- F2. Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.
FAQ
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What insider transactions did Mativ (MATV) report for Mark W. Johnson?
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What were the terms of the RSU grant to Mativ (MATV) executive Mark W. Johnson?
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