[Form 4] MATTHEWS INTERNATIONAL CORP Insider Trading Activity

Rhea-AI Filing Summary

Matthews International (MATW) filed a Form 4 showing an equity award vesting and related tax sale by its SVP, HR. On November 20, 2025, performance-based restricted share units vested and converted into 3,600 shares of Class A common stock at a 200% payout rate, at an exercise price of $0. On the same date, 1,566 shares were sold to the company at $25.10 per share to cover tax withholding on the vesting. After these transactions, the reporting person beneficially owned 12,012 shares of MATW Class A common stock, held directly.

Insider Trade Summary

1,800 shares exercised/converted

Mixed 3 txns

Insider Awenowicz Ronald C

Role SVP, HR

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	1,800	$0.00	--
Exercise	Class A Common Stock	3,600	$0.00	--
Tax Withholding	Class A Common Stock	1,566	$25.10	$39K

Holdings After Transaction: Restricted Share Units — 0 shares (Direct); Class A Common Stock — 13,578 shares (Direct)

Footnotes (1)

1. On November 20, 2025, the vesting date, the return on invested capital performance-based restricted share units converted into shares of the Company's Class A common stock at a rate of 200%. Sale of shares to the registrant to cover tax withholding on the vesting of restricted share units.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Awenowicz Ronald C

(Last) (First) (Middle)

TWO NORTHSHORE CENTER

(Street)

PITTSBURGH PA 15212

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MATTHEWS INTERNATIONAL CORP [ MATW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, HR

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/20/2025		M(1)		3,600	A	$0	13,578	D
Class A Common Stock	11/20/2025		F(2)		1,566	D	$25.1	12,012	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	$0	11/20/2025		M			1,800	(1)	(1)	Class A Common Stock	3,600(1)	$0	0	D

Explanation of Responses:

1. On November 20, 2025, the vesting date, the return on invested capital performance-based restricted share units converted into shares of the Company's Class A common stock at a rate of 200%.

2. Sale of shares to the registrant to cover tax withholding on the vesting of restricted share units.

Remarks:

The Power of Attorney dated September 4, 2025 was filed on November 18, 2025, in Form 4, and is incorporated herein by reference.

	/s/ Brian D. Walters (Attorney-in-Fact)	11/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the MATW insider report on this Form 4?

The Form 4 reports the SVP, HR of Matthews International (MATW) receiving shares from the vesting of performance-based restricted share units and selling some of those shares to cover tax withholding.

How many MATW shares vested from restricted share units on November 20, 2025?

On November 20, 2025, performance-based restricted share units converted into 3,600 shares of MATW Class A common stock at a 200% payout rate.

Why were 1,566 MATW shares sold in this Form 4 filing?

1,566 shares of MATW Class A common stock were sold to the registrant at $25.10 per share to cover tax withholding obligations on the vesting of the restricted share units.

How many MATW shares does the reporting person own after these transactions?

Following the reported transactions, the SVP, HR beneficially owned 12,012 shares of MATW Class A common stock, held directly.

What is the role of the reporting person in Matthews International (MATW)?

The reporting person is an officer of Matthews International, serving as SVP, HR (Senior Vice President, Human Resources).

What type of equity award was involved in this MATW Form 4?

The filing involves return on invested capital performance-based restricted share units that vested and were settled in MATW Class A common stock.

Was there an exercise price on the MATW restricted share units converted to shares?

The restricted share units converted into MATW Class A common stock at an exercise price of $0.