Form 4: Mativ Holdings Executive Christoph Stenzel Receives Stock Grant

Group President Christoph Stenzel of Mativ Holdings receives an annual grant of restricted stock units.

Summary

• Christoph Stenzel, Group President, FAM of Mativ Holdings, Inc., reported a transaction on April 26, 2024.
• Stenzel acquired 10,056 shares of Common Stock at a price of $13.55 per share.
• This acquisition was an annual grant of restricted stock units under the company's 2024 Equity & Incentive Plan.
• Following the transaction, Stenzel beneficially owns 18,817 shares of Common Stock directly.
• The restricted stock units vest in increments of one-third on February 13, 2025, February 13, 2026, and February 13, 2027.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, indicating confidence in the executive's continued contributions.

Positives

• The grant of restricted stock units aligns Stenzel's interests with the long-term performance of Mativ Holdings.
• The vesting schedule encourages continued service and commitment from the executive.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance, but the equity grant suggests an expectation of continued contributions from the executive.

Industry Context

Equity grants are a common practice in publicly traded companies to incentivize and retain key executives. The size and vesting schedule of the grant are typical for executive compensation packages.

Comparison to Industry Standards

• Comparing Mativ Holdings' executive compensation practices to peers like Ahlstrom-Munksjo and Glatfelter, equity grants are a standard component of total compensation.
• The vesting schedule of one-third annually over three years is also a common practice to ensure long-term alignment with shareholder interests.
• The size of the grant relative to Stenzel's position is consistent with industry benchmarks for Group Presidents in similar-sized companies.

Stakeholder Impact

• The stock grant aligns the executive's interests with those of shareholders, potentially leading to increased shareholder value.
• The grant serves as an incentive for the executive, which could positively impact employee morale and company performance.

Key Dates