Mativ director William Cook awarded phantom stock
Mativ Holdings director William M. Cook reported updates to his equity-based compensation.
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Rhea-AI Filing Summary
Mativ Holdings director William M. Cook reported updates to his equity-based compensation. He now directly holds 26,436 shares of Common Stock. On the same date, he was credited with several phantom stock awards at $0.00 per unit, including 19,815 units, which brought one phantom stock balance to 80,539 units. Other entries reflect additional phantom stock units tied to reinvested dividends and an annual stock retainer under the company’s non‑employee director plans. According to the footnotes, these stock units are deferred compensation that convert into common stock when he retires from the board or his service as a director ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,075 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock | 658 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock | 968 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock | 19,815 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Represents quarterly meeting and committee retainers deferred pursuant to the Director's election in accordance with the Non-Employee Directors Deferred Compensation Plan.
- F2. Stock units are converted to stock upon the earlier of retirement from the Board or termination as a Director in accordance with the Company's Non-Employee Directors Deferred Compensation Plan.
- F3. Represents net reinvested dividends on deferred shares after accounting adjustments related to non-employee director compensation program
- F4. Represent reinvested dividend equivalents on vested RSUs.
- F5. Represents an annual stock retainer pursuant to the Company's Outside Director Stock Plan. Deferred pursuant to the Director's election in accordance with the Company's Non-Employee Directors Deferred Compensation Plan.
Key Figures
Key Terms
Phantom Stock financial
Non-Employee Directors Deferred Compensation Plan financial
Outside Director Stock Plan financial
reinvested dividends financial
FAQ
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What did William M. Cook report in this Form 4 for Mativ (MATV)?
What phantom stock awards did William M. Cook receive from Mativ (MATV)?
How are Mativ (MATV) director fees reflected in this Form 4 filing?
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