Form 4: Mativ Holdings CFO Gregory Weitzel Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Gregory Weitzel, CFO of Mativ Holdings, Inc., reported the disposal of 252 shares of common stock to cover tax obligations upon the vesting of restricted stock units.
Summary
- On April 14, 2024, Gregory Weitzel, the CFO of Mativ Holdings, Inc., disposed of 252 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $17.42 per share.
- Following the transaction, Weitzel directly owns 11,782 shares of Mativ Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations and does not necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 04/14/2024 | Date of stock disposal for tax obligations. |
| 04/16/2024 | Date of signature for the report. |
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