Form 4: Mativ Holdings Director Thene Tony R Acquires Shares as Part of Stock Retainer Plan

Director Thene Tony R acquired 1,266 shares of Mativ Holdings, Inc. common stock on April 1, 2024, as part of the company's Outside Directors Stock Plan.

Summary

• On April 1, 2024, Thene Tony R, a director of Mativ Holdings, Inc., acquired 1,266 shares of common stock.
• The acquisition was part of the company's Outside Directors Stock Plan.
• The shares were acquired at a price of $18.75 per share.
• Following the transaction, Thene Tony R beneficially owns 17,954 shares of Mativ Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares signals confidence, but it's a routine transaction under a pre-existing plan.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and often viewed positively by investors as they align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates