Form 4: Mativ Holdings CLO Mark W. Johnson Sells Shares After Restricted Stock Unit Vesting
SEC Form 4 Filing
Mark W. Johnson, CLO and Corporate Secretary of Mativ Holdings, Inc., sold 6,443 shares of common stock on September 1, 2024, following the vesting of a restricted stock unit grant.
Summary
- On September 1, 2024, Mark W. Johnson, the CLO and Corporate Secretary of Mativ Holdings, Inc., sold 6,443 shares of the company's common stock.
- The sale was a result of the vesting of a previously reported restricted stock unit grant.
- The shares were sold at a price of $18.96 per share.
- Following the transaction, Johnson directly owns 33,551 shares of Mativ Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't indicate any particular positive or negative sentiment towards the company.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership. It doesn't necessarily reflect a broader trend in the industry.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the context of the transaction.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of transaction: Mark W. Johnson sold 6,443 shares of Mativ Holdings, Inc. common stock. |
| 09/04/2024 | Date of report: Travis Jackson, as attorney-in-fact for Mark W. Johnson, signed the Form 4. |
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