Stenzel Christoph sold MATV
January 26, 2025 · Form 4 insider transaction
Stenzel Christoph sold 153 shares of Mativ Holdings, Inc. at $9.70 per share, a transaction worth $1.5K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 47 days after the transaction.
Footnotes
On January 26, 2022, the reporting person was granted 911 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three approximately equal annual installments beginning on January 26, 2023 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. 305 RSUs vested on January 26, 2025.; Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.; 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.