Form 4: Mativ Holdings Director Marco Levi Acquires 18,328 RSUs; Corrects Prior Shareholding Error
Insider Transaction Report
Mativ Holdings, Inc. Director Marco Levi acquired 18,328 Restricted Stock Units as an annual equity retainer, while also correcting a previous over-reporting error in his beneficial ownership.
Summary
- Director Marco Levi acquired 18,328 shares of Mativ Holdings, Inc. Common Stock on July 1, 2025, at a price of $6.82 per share.
- These shares represent an annual equity retainer of Restricted Stock Units (RSUs) granted under the Company's Outside Director Stock Plan.
- The RSUs are scheduled to vest on July 1, 2026.
- Following this transaction, Marco Levi's beneficial ownership stands at 62,700 shares.
- This reported balance was adjusted to correct a scrivener's error from April 3, 2025, which led to an over-reporting of 360 shares.
Sentiment
Score: 6
Explanation: The document reports a routine director equity grant, which is generally positive for aligning interests, but also notes a minor reporting error correction. The overall sentiment is neutral to slightly positive due to the equity acquisition.
Positives
- Acquisition of 18,328 Restricted Stock Units by a director, aligning management's interests with shareholders.
- The company has a formal Outside Director Stock Plan for equity retainers.
- Transparency in correcting a prior reporting error.
Negatives
- A scrivener's error led to an over-reporting of 360 shares on April 3, 2025, requiring a correction.
Future Outlook
The document primarily reports a past transaction and a future vesting event. It does not provide broader forward-looking statements or guidance on company performance.
Industry Context
This Form 4 is a routine disclosure of director equity compensation and beneficial ownership changes. It does not provide information to analyze broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Marco Levi granted Power of Attorney to Greg Weitzel, Mark W. Johnson, and Brian Park to prepare, execute, deliver, and file SEC Forms 3, 4, and 5 on his behalf for transactions in Mativ Holdings, Inc. equity securities. | 2025-04-16 | Streamlines the process for filing required insider trading reports for the director, ensuring timely compliance with Section 16 of the Securities Exchange Act of 1934. |
Stakeholder Impact
- Shareholders: The equity grant aligns the director's interests with shareholders, potentially signaling confidence. The correction of a reporting error enhances transparency.
Next Steps
- Vesting of 18,328 Restricted Stock Units on July 1, 2026.
Key Dates
| Date | Description |
|---|---|
| 2025-04-03 | Date of prior over-reporting error of 360 shares. |
| 2025-04-16 | Date Power of Attorney was signed by Marco Levi. |
| 2025-07-01 | Date of acquisition of 18,328 Restricted Stock Units by Marco Levi. |
| 2025-07-02 | Date the Form 4 was signed by Brian Park, attorney-in-fact for Marco Levi. |
| 2026-07-01 | Vesting date for the 18,328 Restricted Stock Units. |
| 2028-02-06 | Expiration date of Notary Public commission for Honor Winks. |
Recommendation
holdKeywords
Mativ Holdings, MATV, SEC Form 4, Insider Trading, Restricted Stock Units, RSUs, Director Compensation, Equity Grant, Beneficial Ownership, Corporate Governance
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