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Matrix Service Company is expanding the role of its new President and Chief Executive Officer, Shawn P. Payne, by electing him to the Board of Directors effective July 1, 2026. He will serve as a director until the next annual meeting.
Payne is also joining the Board’s Project Risk Committee and will chair the Strategy Committee. His director role does not change his existing compensation. The company discloses that his son, employed as an estimator at a subsidiary, receives annual pay of less than $150,000.
Matrix Service Company VP Finance & CFO Kevin S. Cavanah reported open-market sales of 3,491 shares of common stock in June 2026 under a pre-arranged Rule 10b5-1 trading plan. The shares were sold in two transactions at prices around $14 per share.
After these sales, he directly holds 87,113 Matrix Service shares.
MATRIX SERVICE CO senior vice president of Enterprise Services Justin D. Sheets reported an open-market sale of company common stock. He sold 16,991 shares at a price of $13.50 per share.
After this transaction, Sheets directly holds 64,337 shares of Matrix Service common stock, indicating he retains a sizable continuing equity position in the company.
MTRX filing a Form 144 notice for proposed sales of restricted and performance-based common shares. The broker/dealer listed is Morgan Stanley Smith Barney LLC at 1 New York Plaza. The filing shows specific restricted-share lots dated 08/29/2020, 08/26/2021, 08/24/2022, and performance shares dated 08/30/2025, with numeric line items shown in the excerpt.
Matrix Service Company VP Finance & CFO Kevin S. Cavanah reported selling a total of 56,509 shares of common stock in open-market transactions. The sales occurred on June 4, 2026 and June 5, 2026 at weighted average prices of about $14.10 per share.
These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 23, 2026. After the sales, Cavanah directly holds 90,604 shares of Matrix Service common stock.
MTRX: Notice of proposed sale of 60,000 common shares. The filing lists 60,000 shares of Common Stock proposed for sale with an aggregate value of $840,000 and a reported outstanding share figure of 28,133,850 as of 06/04/2026. The excerpt also shows a prior sale of 60,000 shares on 05/26/2026 for $773,820.
Matrix Service Company VP Finance & CFO Kevin S. Cavanah reported an open-market sale of 60,000 shares of common stock at a weighted average price of $12.897 per share. The sale was executed on May 26, 2026 and was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 23, 2026. After this transaction, Cavanah directly holds 147,113 shares of Matrix Service common stock. The shares were sold in multiple trades at prices ranging from $12.79 to $13.06 per share.
MTRX submitted a Form 144 notice reporting the proposed sale of 60,000 shares through Robert W. Baird & Co. Incorporated. The filing shows an associated value of $763,800.00 and cites 28,133,850 (reference number) with an entry date of 05/26/2026.
Matrix Service Company president and CEO John R. Hewitt reported an open-market sale of 36,000 shares of common stock on May 8, 2026. The weighted average sale price was $12.5048 per share across multiple trades between $12.50 and $12.59. After this transaction, he directly holds 581,806 shares of Matrix Service common stock.
MTRX submitted a Form 144 notice indicating proposed sales of 36,000 shares of Common Stock with an aggregate value of $437,760.00. The filing lists 28,133,850 shares outstanding as of 05/08/2026. Several past equity awards and one open‑market purchase are itemized with individual share counts and dates.