Matthews International EVP RSUs vest; 4,019 MATW shares sold for taxes
Rhea-AI Filing Summary
Matthews International Corp. (MATW) reported an insider equity transaction by an executive vice president. On November 20, 2025, performance-based restricted share units vested and converted into 9,240 shares of Class A common stock at a 200% payout rate. As part of the vesting event, 4,019 shares were sold back to the company to cover tax withholding obligations, a common administrative step for equity awards. After these transactions, the executive beneficially owned 16,159 shares of Class A common stock directly.
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FAQ
What insider transaction did MATTHEWS INTERNATIONAL CORP (MATW) report?
The company reported that an executive vice president had performance-based restricted share units vest and convert into 9,240 shares of Class A common stock, with a portion of the shares sold to cover taxes.
How many MATW shares were sold to cover taxes in this Form 4 filing?
The filing shows that 4,019 shares of MATTHEWS INTERNATIONAL CORP Class A common stock were sold to the registrant to cover tax withholding on the vesting of restricted share units.
How many MATW shares does the reporting executive own after the transaction?
Following the reported transactions, the executive beneficially owned 16,159 shares of MATTHEWS INTERNATIONAL CORP Class A common stock in direct ownership.
What triggered the issuance of 9,240 MATW shares to the executive?
On November 20, 2025, return on invested capital performance-based restricted share units vested and converted into Class A common stock at a 200% conversion rate, resulting in 9,240 shares being issued.
What type of security was involved in this MATW Form 4 filing?
The filing involved performance-based restricted share units that converted into shares of MATTHEWS INTERNATIONAL CORP Class A common stock upon vesting.
Who signed the MATW Form 4 related to this insider transaction?
The Form 4 was signed by /s/ Brian D. Walters as Attorney-in-Fact for the reporting person.