STOCK TITAN

Matthews International (MATW) director awarded 5,556 restricted share units as equity pay

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

Rhea-AI Filing Summary

Matthews International director David A. Schawk received an equity grant in the form of restricted share units. He was awarded 5,556 restricted share units on Class A common stock as a compensation grant under the Second Amended and Restated 2019 Director Fee Plan.

The number of units 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 are scheduled to convert into an equal number of Class A common shares, assuming vesting conditions are met.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grant with time-based vesting and no cash transaction.

Director David A. Schawk received 5,556 restricted share units as part of the company’s director fee plan. RSUs are stock-based compensation that convert into shares at vesting, aligning board members’ interests with long-term shareholder value.

The grant was valued using a reference price of $25.23 per share, based on the mean of the day’s high and low trading prices. The units generally vest on March 12, 2028, indicating a four-year horizon for full share delivery, with no open-market buying or selling involved.

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*
SCHAWK DAVID A

(Last) (First) (Middle)
674 SKYE LANE

(Street)
BARRINGTON IL 60010

(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 June 4, 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 Matthews International (MATW) report for David A. Schawk?

Matthews International reported that director David A. Schawk received a grant of 5,556 restricted share units. These RSUs are a form of stock-based compensation, not an open-market purchase or sale, and will convert into Class A common shares when they vest.

How many restricted share units did David A. Schawk receive from MATW?

David A. Schawk received 5,556 restricted share units tied to Matthews International’s Class A common stock. This entire amount represents a single compensation award, and his total RSU holdings reported after the transaction are 5,556 units, all held as a direct ownership position.

When do David A. Schawk’s MATW restricted share units vest and convert to shares?

The restricted share units generally vest on March 12, 2028. At that time, the 5,556 units are scheduled to convert into an equal number of Matthews International Class A common shares, subject to the award’s vesting conditions and the applicable plan agreement terms.

How was the number of RSUs granted to David A. Schawk by MATW determined?

The 5,556 restricted share units were calculated using a reference price of $25.23 per share. That price represents the mean of the highest and lowest sales prices of Matthews International Class A common stock on the Nasdaq Exchange on the grant date.

Is David A. Schawk’s MATW Form 4 transaction a stock purchase or sale?

No, the Form 4 reports a grant of restricted share units, not a market trade. The transaction code is “A” for an award or other acquisition, meaning Schawk received RSUs as director compensation rather than buying or selling shares in the open market.

Under which plan were David A. Schawk’s MATW restricted share units granted?

The restricted share units were granted under the Second Amended and Restated 2019 Director Fee Plan. This plan governs equity-based compensation for directors, and the units give Schawk a contingent right to receive Matthews International Class A common stock upon vesting.
Matthews Intl Corp

NASDAQ:MATW

View MATW Stock Overview

MATW Rankings

MATW Latest News

MATW Latest SEC Filings

MATW Stock Data

776.60M
29.48M
Conglomerates
Nonferrous Foundries (castings)
Link
United States
PITTSBURGH