Stenzel Christoph sold MATV
January 26, 2025 · Form 4 insider transaction
Stenzel Christoph sold 1,064 shares of Mativ Holdings, Inc. at $9.70 per share, a transaction worth $10.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 47 days after the transaction.
Footnotes
Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.; On January 26, 2022, the reporting person was granted 2,127 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. 2,127 RSUs vested on January 26, 2025.; 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.