Form 4: Mativ CFO Weitzel's Equity Vesting Post-Departure

Mativ Holdings' former CFO, Gregory Weitzel, reported the vesting and forfeiture of restricted and performance stock units following his separation from the company.

Summary

• Gregory Weitzel, former Chief Financial Officer of Mativ Holdings, Inc., reported changes in his beneficial ownership of company securities following his separation from the company.
• His separation from Mativ Holdings, Inc. as CFO was effective December 31, 2025.
• The reported transactions, primarily related to the vesting and forfeiture of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), occurred on January 16, 2026 (the Settlement Date).
• A total of 2,159 RSUs and 564 RSUs (from February 16, 2023 grants) vested and were paid in cash on January 20, 2026.
• From an April 26, 2024 RSU grant, 8,797 units vested in shares, with 2,648 shares withheld for tax obligations and 6,149 shares issued to Mr. Weitzel.
• From a March 19, 2025 RSU grant, 9,294 units vested in shares, with 2,798 shares withheld for tax obligations and 6,496 shares issued.
• A total of 95 RSUs (from Feb 2023 grants) and 26,167 RSUs (from March 2025 grant) remained unvested and were forfeited.
• Regarding PSUs, 2,351 units and 9,003 units (from February 16, 2023 grants) vested and were paid in cash on January 20, 2026.
• From an April 26, 2024 PSU grant, 27,514 units vested, with 9,027 shares withheld for tax obligations.
• From a March 19, 2025 PSU grant, 24,118 units vested, with 7,260 shares withheld for tax obligations.
• The share price used for tax withholding purposes was $12.53 per share.
• Following these transactions, Mr. Weitzel beneficially owned 53,867 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing is a factual report of executive equity transactions following a separation, which is a neutral event in itself. It does not contain information that would inherently suggest a positive or negative outlook for the company.

Positives

• Gregory Weitzel received a significant number of vested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) in cash or shares upon his separation.
• A total of 2,723 RSUs and 11,354 PSUs were settled in cash.
• A total of 18,091 RSUs and 51,632 PSUs vested in shares, with a net of 10,945 RSU shares and 35,345 PSU shares issued after tax withholdings.

Negatives

• A total of 26,287 Restricted Stock Units (RSUs) remained unvested and were forfeited by Mr. Weitzel upon his separation.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategy.

Industry Context

This filing is a routine disclosure of insider transactions related to executive compensation and departure, and does not provide broader industry context or trends.

Management Changes

Stakeholder Impact

• Shareholders: Provides transparency regarding executive compensation settlement upon departure, which is part of standard corporate governance disclosures.
• Employees: The departure of a CFO can sometimes signal organizational changes, but this filing specifically addresses the financial settlement of a past event.

Key Dates

Keywords

Mativ Holdings, MATV, Form 4, Insider Transaction, CFO, Executive Compensation, Restricted Stock Units, Performance Stock Units, Stock Vesting, Equity Settlement