Form 4: Mativ Holdings Controller Cheryl Allegri Reports Acquisition of 3,677 Shares of Common Stock

Cheryl Allegri, Controller of Mativ Holdings, reports acquiring 3,677 shares of common stock at $13.55 per share on April 26, 2024, through an annual grant of restricted stock units.

Summary

• On April 26, 2024, Cheryl Allegri, Controller of Mativ Holdings, acquired 3,677 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.
• Following the transaction, Allegri directly owns 14,685 shares of Mativ Holdings.
• The restricted stock units vest in increments of one-third on February 13, 2025, February 13, 2026, and February 13, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not inherently convey positive or negative sentiment. It simply reports a transaction.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company insiders.

Key Dates