Matrix Service (MTRX) insider reports new stock trades
Rhea-AI Filing Summary
MATRIX SERVICE CO (symbol: MTRX) is the issuer of record for a Form 4 filing submitted to the SEC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,670 shares
Net Sell
17 txns
Insider
PAYNE SHAWN P
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F6 | 2,817 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,817 | -- | -- |
| Disposition | Common Stock | 2,817 | $10.83 | $31K |
| Tax Withholding | Common Stock F2 | 1,108 | $10.83 | $12K |
| Exercise | Restricted Stock Units F1, F5 | 4,077 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,077 | -- | -- |
| Disposition | Common Stock | 4,077 | $10.83 | $44K |
| Tax Withholding | Common Stock F2 | 1,604 | $10.83 | $17K |
| Exercise | Restricted Stock Units F1, F3 | 2,843 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 4,104 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,843 | -- | -- |
| Disposition | Common Stock | 2,843 | $10.91 | $31K |
| Tax Withholding | Common Stock F2 | 1,118 | $10.91 | $12K |
| Exercise | Common Stock F1 | 4,104 | -- | -- |
| Disposition | Common Stock | 4,104 | $10.91 | $45K |
| Tax Withholding | Common Stock F2 | 1,614 | $10.91 | $18K |
| Tax Withholding | Common Stock F2 | 3,226 | $10.91 | $35K |
Holdings After Transaction:
Restricted Stock Units — 22,075 shares (Direct);
Common Stock — 123,946 shares (Direct)
Footnotes (6)
- F1. Each Restricted Stock Unit is the economic equivalent of one share of Matrix Service Company Common Stock. All Restricted Stock Units are settled solely in Cash when vested.
- F2. Shares disposed to satisfy tax obligation due on vest date for Stock-Settled Restricted Stock Units.
- F3. For this service-based award of Cash-Settled Restricted Stock Units, 25% will vest each year from August 27, 2025 to August 27, 2028.
- F4. For this service-based award of Cash-Settled Restricted Stock Units, 25% will vest each year from August 27, 2026 to August 27, 2029.
- F5. For this service-based award of Cash-Settled Restricted Stock Units, 25% will vest each year from August 29, 2024 to August 29, 2027.
- F6. For this service-based award of Cash-Settled Restricted Stock Units, 25% will vest each year from August 30, 2023 to August 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.