Form 4: Mativ Holdings Director William M. Cook Reports Acquisition of Phantom Stock Units

Director William M. Cook reports the acquisition of phantom stock units in Mativ Holdings, Inc. through director compensation plans.

Summary

• William M. Cook, a director of Mativ Holdings, Inc., reported the acquisition of phantom stock units on October 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.
• The price of the underlying common stock for these units was $16.99 and $18.56.
• Following these transactions, Cook's beneficially owned derivative securities increased to 22,517 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects standard director compensation practices, indicating stability and alignment of interests. It is a neutral to slightly positive event.

Positives

• The acquisition of phantom stock units reflects Cook's continued investment in the company.
• The director compensation plans align director interests with shareholder value.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock-based compensation as part of their overall remuneration.

Related Party Transactions

• The acquisition of phantom stock units by Director William M. Cook is a related party transaction, as it involves compensation from the company to a member of its board of directors.

Stakeholder Impact

• The acquisition of phantom stock units has a minimal direct impact on stakeholders.
• It reinforces the alignment of director interests with shareholder value through equity-based compensation.

Key Dates