Rickheim Michael W sold MATV
June 3, 2025 · Form 4 insider transaction
Rickheim Michael W sold 2,274 shares of Mativ Holdings, Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On February 16, 2023, the reporting person was granted 6,822 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 16, 2024 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. The reporting person resigned as the Mativ Holdings, Inc.'s Chief Human Resources and Communications Officer effective June 1, 2025 (the "Resignation"); as such, an additional 1,736 RSUs vested and settled in cash on June 3, 2025, and the unvested 538 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.