Matrix Service CFO sells 56,509 company shares
Matrix Service Company VP Finance & CFO Kevin S. Cavanah reported selling a total of 56,509 shares of common stock in open-market transactions.
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Rhea-AI Filing Summary
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.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,509 | $14.1266 | $92K |
| Sale | Common Stock | 50,000 | $14.0975 | $705K |
Footnotes (3)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 23, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 TO $14.26, inclusive. The reporting person undertakes to provide to Matrix Service Company, any security holder of Matrix Service Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth.
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.005 TO $14.2499, inclusive. The reporting person undertakes to provide to Matrix Service Company, any security holder of Matrix Service Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
open-market sale financial
Form 4 regulatory
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What type of transactions are reported in this Matrix Service (MTRX) Form 4?
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