Stenzel Christoph sold MATV
February 16, 2025 · Form 4 insider transaction
Stenzel Christoph sold 817 shares of Mativ Holdings, Inc. at $9.10 per share, a transaction worth $7.4K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 26 days after the transaction.
Footnotes
On February 16, 2023, the reporting person was granted 2,453 RSUs subject to time vesting. Such RSUs vest in three approximately 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. 718 RSUs vested on each of February 16, 2024 and 2025.; The transaction reflects the cash settlement of 718 vested RSUs on each of February 16, 2024 and 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.