Matthews International (MATW) director granted 5,556 restricted share units
Rhea-AI Filing Summary
Matthews International director Francis Wlodarczyk received a grant of 5,556 restricted share units (RSUs) as equity compensation. The award was made under the Second Amended and Restated 2019 Director Fee Plan and gives him a contingent right to receive an equal number of Class A common shares.
The RSUs were sized using a reference price of $25.23, calculated as the mean of the highest and lowest sales prices of the Class A common stock on the Nasdaq on the grant date. The award generally vests on March 12, 2028, when the RSUs are scheduled to convert into shares, and following this grant he directly holds 5,556 RSUs.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to a director, compensation-related and not a market trade.
Director Francis Wlodarczyk acquired 5,556 restricted share units as a grant/award, not through an open-market purchase. Each unit represents a right to receive one share of Class A common stock, aligning his compensation with shareholder value.
The grant value was determined using a reference price of $25.23, based on the mean of that day’s high and low trading prices. The units generally vest on March 12, 2028, creating a multi-year retention and incentive horizon. This is a standard governance practice and does not signal active buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 5,556 | $0.00 | -- |
Footnotes (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.