Form 4: Mativ Holdings Director Kimberly E. Ritrievi Reports Stock Transactions

Director Kimberly E. Ritrievi reports acquisition and disposal of Mativ Holdings phantom stock units related to director compensation and dividend accrual.

Summary

• On January 3, 2025, Kimberly E. Ritrievi, a director of Mativ Holdings, Inc. [MATV], reported transactions involving phantom stock units.
• Ritrievi acquired 2,866 phantom stock units at $10.90 each as part of a quarterly stock retainer under the company's Outside Director Stock Plan.
• She also acquired 98 phantom stock units at $13.15 each, representing in-kind dividends credited under the Non-Employee Directors Deferred Compensation Plan.
• Following these transactions, Ritrievi beneficially owns 15,963 phantom stock units.
• The stock units convert to common stock upon the earlier of retirement from the Board or termination as a Director, according to the Non-Employee Directors Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.

Future Outlook

The phantom stock units will be converted to stock upon the earlier of retirement from the Board or termination as a Director.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, as required by SEC regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership of phantom stock units.

Key Dates