Form 4: Mativ Holdings Director Warlick Anderson Davis Reports Acquisition of Phantom Stock Units

Director Warlick Anderson Davis reports the acquisition of phantom stock units in Mativ Holdings, Inc. through director compensation plans.

Summary

• Director Warlick Anderson Davis reported the acquisition of phantom stock units in Mativ Holdings, Inc. on July 1, 2024.
• These acquisitions are related to quarterly stock retainers, meeting retainers, committee retainers, and in-kind dividends under the company's director compensation plans.
• Davis acquired 1,400 phantom stock units at $0.00, convertible to 1,400 shares of common stock at $16.96.
• An additional 1,473 phantom stock units were acquired at $0.00, convertible to 1,473 shares of common stock at $16.96.
• Davis also acquired 105 phantom stock units at $0.00, convertible to 105 shares of common stock at $18.72.
• Following these transactions, Davis directly owns 22,791 phantom stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and continued investment in the company.

Positives

• The acquisition of phantom stock units reflects Davis's continued investment and participation in Mativ Holdings, Inc.
• The deferred compensation plan aligns director interests with the long-term performance of the company.

Future Outlook

The phantom stock units will be converted to stock upon the earlier of retirement from the Board or termination as a Director, according to the Non-Employee Directors Deferred Compensation Plan.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates