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

Director John Rogers reports acquisition of phantom stock units in Mativ Holdings, Inc. related to director compensation and dividend accrual.

Summary

• On April 1, 2024, John Rogers, a director of Mativ Holdings, Inc., acquired 1,266 phantom stock units at a price of $0.00.
• These units represent the quarterly stock retainer under the company's Outside Director Stock Plan and are deferred according to the Non-Employee Directors Deferred Compensation Plan.
• Rogers also acquired 46 phantom stock units representing in-kind dividends credited under the same deferred compensation plan.
• Following these transactions, Rogers directly owns 9,650 phantom stock units.
• The phantom stock units convert to common stock upon the earlier of retirement from the Board or termination as a Director.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects routine director compensation and dividend accrual. There is no indication of positive or negative 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 filing is a routine disclosure of director compensation in the form of stock units, which is a common practice among publicly traded companies to align director interests with shareholder value.

Key Dates