Stenzel Christoph bought MATV
January 6, 2025 · Form 4 insider transaction
Stenzel Christoph bought 17,526 shares of Mativ Holdings, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 67 days after the transaction.
Footnotes
On October 4, 2022, the reporting person was granted a target number of 11,684 RSUs subject to performance and time-based vesting. On February 25, 2025, the Compensation Committee of the issuer determined that based on the issuer's performance between July 2022 and December 2024, 150% of the target number of RSUs vested on performance-based vesting requirements. The 17,526 RSUs had a vesting date of January 6, 2025, subject to continued service. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting.; The reporting person's number of shares of common stock owned was previously overstated by 9,239 shares due to (i) a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 3 filed on April 1, 2024 and Form 4 filed on April 30, 2024.