Matrix Service (MTRX) director awarded 7,986 RSUs; holds 71,183

Matrix Service Company (MTRX) disclosed an insider equity award.

Rhea-AI Filing Summary

Matrix Service Company (MTRX) disclosed an insider equity award. Director Martha Z. Carnes reported an acquisition of 7,986 shares of common stock on 11/04/2025 at $0, reflecting a restricted stock unit (RSU) grant.

According to the footnote, each RSU converts into one share and 100% will vest on the first anniversary date. Following this grant, her beneficial ownership stands at 71,183 shares, held directly. The transaction was coded “A” for an award/grant.

Insights

Equity compensation analyst

Routine director RSU grant; modest, time-based vesting.

Martha Z. Carnes, a director of Matrix Service Company, reported an award of 7,986 RSUs on 11/04/2025 at $0, coded “A” (award). RSUs are non-cash equity that convert into shares upon vesting.

The filing states these RSUs vest 100% on the first anniversary date, concentrating vesting in a single tranche rather than over multiple periods. After the grant, direct beneficial ownership is 71,183 shares.

This is a standard governance practice to align director incentives with shareholders. Actual impact on trading depends on future vesting and holding decisions; no sale or cash proceeds are indicated in the excerpt.

Insider Trade Summary

Grant/Award: 7,986 shares

Grant/Award 1 txn

Insider Carnes Martha Z.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	7,986	$0.00	$0.00

Holdings After Transaction: COMMON STOCK — 71,183 shares (Direct)

Footnotes (1)

1. F1. RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 100% WILL VEST ON THE FIRST ANNIVERSARY DATE.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did MTRX disclose in this Form 4?

A director, Martha Z. Carnes, reported an award of 7,986 shares of common stock via RSUs on 11/04/2025 at $0.

What is the vesting schedule for the MTRX RSU grant?

The filing states 100% will vest on the first anniversary date of the grant.

How many MTRX shares does the reporting person own after the grant?

Post‑grant beneficial ownership is 71,183 shares, held directly.

What transaction code appears for the MTRX Form 4 entry?

The transaction code is A, indicating an award/grant.

What type of security was granted to the MTRX director?

Restricted Stock Units (RSUs), each entitling one share of common stock upon vesting.

Was there a purchase price for the MTRX RSU grant?

The grant price is listed as $0, consistent with equity awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/05/2025 - 02:46 PM Learn about SEC filing dates

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^*

Carnes Martha Z.

(Last) (First) (Middle)

15 EAST 5TH STREET

SUITE 1100

(Street)

TULSA OK 74103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MATRIX SERVICE CO [ MTRX ]

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)
11/04/2025

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
COMMON STOCK	11/04/2025		A		7,986(1)	A	$0	71,183	D

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

Explanation of Responses:

1. RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 100% WILL VEST ON THE FIRST ANNIVERSARY DATE.

Remarks:

	Martha Z. Carnes	11/05/2025
	** 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.