STOCK TITAN

Matthews International (MATW) awards 5,556 RSUs to director O'Brien

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Matthews International Corporation director Morgan K. O'Brien received a grant of 5,556 restricted share units (RSUs). The award was made under the Second Amended and Restated 2019 Director Fee Plan as part of director compensation and is held directly.

Each RSU represents the contingent right to receive one share of the company's Class A common stock. The number of RSUs was calculated using a reference price of $25.23, the mean of the highest and lowest Nasdaq trading prices on the grant date. The award generally vests on March 12, 2028, when the units convert into an equal number of Class A common shares, assuming vesting conditions are satisfied. There were 5,556 RSUs reported as held following this transaction.

Positive

  • None.

Negative

  • None.
Insider OBRIEN MORGAN K
Role Director
Type Security Shares Price Value
Grant/Award Restricted Share Units 5,556 $0.00 --
Holdings After Transaction: Restricted Share Units — 5,556 shares (Direct)
Footnotes (1)
  1. Award of restricted share units made under the Second Amended and Restated 2019 Director Fee Plan subject to the agreement entered into under the Plan. Each restricted share unit represents a contingent right to receive one share of the Company's Class A common stock. The number of restricted share units issued by the Issuer to the Reporting Person was calculated based on $25.23, which represents the mean of the highest and lowest sales prices per share of the Issuer's Class A common stock on the Nasdaq Exchange on the date of issuance. The award generally vests on March 12, 2028 at which point the units will be converted to an equal number of shares of the Company's Class A common stock.
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*
OBRIEN MORGAN K

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
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
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(1) 03/12/2026 A 5,556(2) (3) (3) Class A Common Stock 5,556(3) $0 5,556 D
Explanation of Responses:
1. Award of restricted share units made under the Second Amended and Restated 2019 Director Fee Plan subject to the agreement entered into under the Plan. Each restricted share unit represents a contingent right to receive one share of the Company's Class A common stock.
2. The number of restricted share units issued by the Issuer to the Reporting Person was calculated based on $25.23, which represents the mean of the highest and lowest sales prices per share of the Issuer's Class A common stock on the Nasdaq Exchange on the date of issuance.
3. The award generally vests on March 12, 2028 at which point the units will be converted to an equal number of shares of the Company's Class A common stock.
Remarks:
The Power of Attorney dated September 5, 2025 was filed on March 10, 2026, in Form 4, and is incorporated herein by reference.
/s/ Brian D. Walters (Attorney-in-Fact) 03/13/2026
** 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 insider transaction did MATW report for Morgan K. O'Brien?

MATW reported that director Morgan K. O'Brien received a grant of 5,556 restricted share units as director compensation. These units are tied to Class A common stock and will convert into shares upon vesting, providing equity-based incentives aligned with shareholder interests.

How many restricted share units were granted to the MATW director?

The director received 5,556 restricted share units. Each unit represents a contingent right to one share of Matthews International’s Class A common stock, giving the director a potential future equity stake once the award fully vests under the plan’s terms.

When do Morgan K. O'Brien’s MATW restricted share units vest?

The restricted share units generally vest on March 12, 2028. At that time, assuming vesting conditions are met, the 5,556 units will be converted into an equal number of shares of Matthews International’s Class A common stock for the reporting person.

How was the size of the MATW RSU award to the director determined?

The number of restricted share units was calculated using a reference price of $25.23 per share. This figure represents the mean of the highest and lowest sales prices for Matthews International Class A common stock on the Nasdaq Exchange on the award date.

Is the MATW director’s RSU grant an open-market purchase or sale?

The transaction is a grant of restricted share units, not an open-market trade. It reflects equity compensation awarded under Matthews International’s 2019 Director Fee Plan rather than the director buying or selling shares in the public market.

What does each MATW restricted share unit granted to the director represent?

Each restricted share unit represents a contingent right to receive one share of Matthews International’s Class A common stock. The director will receive the actual shares only when the award vests, currently scheduled for March 12, 2028, under the plan terms.