Allegri Cheryl sold MATV
February 16, 2025 · Form 4 insider transaction
Allegri Cheryl sold 1,764 shares of Mativ Holdings, Inc. at $9.10 per share, a transaction worth $16.1K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 26 days after the transaction.
Footnotes
On August 11, 2022, the reporting person was granted 1,764 RSUs subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 1,764 RSUs vested on February 16, 2025.; The transaction reflects the cash settlement of 1,764 vested RSUs.; The reporting person's number of shares of common stock owned was previously overstated by an aggregate of 6,725 shares as of May 9, 2024, due to a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 documents filed on May 18, 2023 and May 9, 2024. The amount of shares beneficially owned in Column 5 also takes into account the disposition of an aggregate 475 RSUs that were settled for cash as previously disclosed on the reporting person's Form 4 filed on February 20, 2024.