MATW.NASDAQMatthews International CORP
Form 4: Matthews International Corp Director Acquires Shares Through Restricted Share Unit Conversion
Sentiment:
SEC Form 4
Director David A. Schawk acquired 3,777 shares of Matthews International Corp Class A Common Stock on March 9, 2025, through the conversion of restricted share units.
Summary
- On March 9, 2025, director David A. Schawk acquired 3,777 shares of Matthews International Corp Class A Common Stock.
- The acquisition resulted from the conversion of time-based restricted share units.
- The conversion price was $0.
- Following the transaction, Mr. Schawk directly owns 3,777 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, indicating a neutral sentiment.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning his interests with those of other shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/17/2017 | Date of Power of Attorney |
| 02/23/2018 | Power of Attorney filed in Form 4 |
| 03/09/2025 | Date of transaction and vesting date of restricted share units |
| 03/11/2025 | Date of signature of the reporting person |
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