Form 4: Mativ Holdings CEO Shruti Singhal Granted 305,677 Restricted Stock Units
SEC Form 4 Filing
Mativ Holdings CEO Shruti Singhal received 305,677 Restricted Stock Units (RSUs) on March 11, 2025, which will vest one year later.
Summary
- Shruti Singhal, President and CEO of Mativ Holdings, Inc., was granted 305,677 Restricted Stock Units (RSUs) on March 11, 2025.
- The RSUs are subject to time vesting and will vest one year from the grant date, on March 11, 2026.
- Each RSU represents the right to receive one share of Mativ Holdings common stock or cash upon vesting.
- Singhal also directly owns 16,533 shares of Mativ Holdings common stock.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.
Positives
- The grant of RSUs aligns the CEO's interests with those of the shareholders, incentivizing her to improve the company's performance.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.
Industry Context
The granting of RSUs is a common practice in executive compensation to align management's interests with those of shareholders.
Stakeholder Impact
- Shareholders may view the RSU grant positively as it incentivizes the CEO to increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| June 27, 2022 | Date of Power of Attorney granted to Honor Winks, Travis Jackson, and Ricardo Nunez. |
| March 11, 2025 | Date of the RSU grant to Shruti Singhal. |
| March 11, 2026 | Vesting date for the 305,677 RSUs. |
| March 13, 2025 | Date of Form 4 filing. |
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