Form 4: Mativ Holdings Director John Rogers Reports Acquisition and Disposal of Phantom Stock Units

Director John Rogers reports transactions involving phantom stock units of Mativ Holdings, including acquisitions related to stock retainers and in-kind dividends, as well as disposals.

Summary

• On July 1, 2024, Director John Rogers acquired 1,400 phantom stock units of Mativ Holdings at $0.00, representing a quarterly stock retainer.
• These units are deferred under the Non-Employee Directors Deferred Compensation Plan and will convert to stock upon retirement or termination as a director.
• Rogers also acquired 51 phantom stock units on the same date at $0.00, representing in-kind dividends credited under the same compensation plan.
• Additionally, Rogers disposed of 1,400 common stock units at $16.96 and 51 common stock units at $18.72.
• Following these transactions, Rogers beneficially owns 11,101 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects routine transactions related to director compensation, suggesting a neutral to slightly positive sentiment as it indicates ongoing director involvement and alignment with the company's performance.

Future Outlook

The phantom stock units will be converted to stock upon the earlier of retirement from the Board or termination as a Director, in accordance with the Company's Non-Employee Directors Deferred Compensation Plan.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the director's holdings and transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the director's stock transactions, providing transparency regarding insider activity.
• The transactions reflect the company's compensation plan for non-employee directors.

Key Dates