Form 4: Mativ Holdings Director Levi Marco Acquires Shares as Part of Stock Retainer Plan
SEC Form 4
Director Levi Marco acquired 2,866 shares of Mativ Holdings, Inc. common stock on January 3, 2025, as part of the company's Outside Directors Stock Plan.
Summary
- On January 3, 2025, Levi Marco, a director of Mativ Holdings, Inc., acquired 2,866 shares of common stock.
- The acquisition was part of the company's Outside Directors Stock Plan.
- The price per share was $10.9.
- Following the transaction, Marco directly owns 29,364 shares of Mativ Holdings, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a pre-established stock plan.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
Directors commonly receive stock as part of their compensation, aligning their interests with shareholders.
Stakeholder Impact
- The acquisition of shares by a director can be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction: Levi Marco acquired 2,866 shares of Mativ Holdings, Inc. common stock. |
| 01/07/2025 | Date of signature: Honor Winks, attorney-in-fact for Levi Marco, signed the Form 4. |
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