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Matthews International (MATW) director awarded 5,556 restricted share units vesting in 2028

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

Rhea-AI Filing Summary

Matthews International director J. Michael Nauman received a grant of 5,556 restricted share units of Class A common stock under the Second Amended and Restated 2019 Director Fee Plan. Each unit represents a contingent right to receive one share of Class A common stock.

The award is based on a reference price of $25.23, calculated as the mean of the highest and lowest sales prices of the company’s Class A common stock on the Nasdaq on the grant date. The restricted share units generally vest on March 12, 2028, at which time they will convert into an equal number of Class A shares.

Positive

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Insider Nauman J Michael
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*
Nauman J Michael

(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 August 26, 2025 is filed herewith.
/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 did Matthews International (MATW) director J. Michael Nauman receive in this Form 4?

He received 5,556 restricted share units of Matthews International Class A common stock. These are compensation-related awards, not open-market purchases, and each unit represents a contingent right to receive one share upon future vesting.

When do the restricted share units for MATW director Nauman vest and convert to shares?

The restricted share units generally vest on March 12, 2028. At that time, the 5,556 units are expected to convert into an equal number of shares of Matthews International Class A common stock, increasing his direct equity holdings.

How was the number of 5,556 MATW restricted share units determined for this award?

The 5,556 restricted share units were calculated using $25.23 per share. This figure 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 the MATW Form 4 transaction a market buy or sell of shares?

No, it is a grant/award acquisition of restricted share units, not an open-market buy or sell. The director acquires a contingent right to future shares as part of the company’s Second Amended and Restated 2019 Director Fee Plan.

What type of security is reported in this MATW Form 4 for Nauman?

The filing reports Restricted Share Units that are settleable in Class A common stock. Each restricted share unit corresponds to one future share, subject to vesting conditions outlined in the company’s director fee plan and award agreement.
Matthews Intl Corp

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