Form 4: Mativ Holdings Director Kimberly E. Ritrievi Reports Acquisition of Phantom Stock Units

Director Kimberly E. Ritrievi reports acquisition of phantom stock units and in-kind dividends, increasing her holdings in Mativ Holdings.

Summary

• Kimberly E. Ritrievi, a director at Mativ Holdings, Inc., filed a Form 4 detailing changes in her beneficial ownership.
• On April 1, 2025, she acquired 5,008 phantom stock units as a quarterly stock retainer under the company's Outside Director Stock Plan.
• These units are deferred according to the Non-Employee Directors Deferred Compensation Plan.
• Additionally, she acquired 262 phantom stock units representing in-kind dividends credited under the same deferred compensation plan.
• The price of the phantom stock units acquired as a quarterly stock retainer was $6.24.
• The price of the phantom stock units acquired as in-kind dividends was $6.07.
• Following these transactions, Ritrievi directly owns 21,233 phantom stock units.
• These stock units convert to common stock upon retirement from the Board or termination as a Director.

Sentiment

Score: 6

Explanation: The document reflects standard insider transactions, suggesting stability and alignment of interests, but doesn't provide overwhelmingly positive or negative signals.

Positives

• The acquisition of phantom stock units reflects ongoing compensation and investment in the company by a director.
• The in-kind dividends suggest continued profitability and shareholder value.

Future Outlook

The document does not contain specific forward-looking statements, but the deferred compensation plan suggests a long-term commitment from the director.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive sign of confidence in the company's future.
• The deferred compensation plan aligns the director's interests with long-term shareholder value.

Key Dates

Keywords

Form 4, beneficial ownership, phantom stock units, director compensation, Mativ Holdings, Ritrievi, dividends, stock plan