Form 4: Mativ Holdings CFO Gregory Weitzel Acquires 21,033 Shares of Common Stock

Gregory Weitzel, CFO of Mativ Holdings, acquired 21,033 shares of common stock at $13.55 per share on April 26, 2024, through a grant of restricted stock units.

Summary

• On April 26, 2024, Gregory Thomas Weitzel, CFO of Mativ Holdings, Inc. acquired 21,033 shares of common stock.
• The acquisition was part of an annual grant of restricted stock units under the company's 2024 Equity & Incentive Plan.
• The price per share was $13.55.
• The restricted stock units vest in three equal installments on February 13, 2025, February 13, 2026, and February 13, 2027.
• Following the transaction, Weitzel directly owns 32,815 shares of Mativ Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by the CFO could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.

Key Dates