Form 4: Matthews International Director Terry L Dunlap Reports Share Acquisition from Restricted Share Units Vesting
SEC Form 4
Director Terry L Dunlap acquired 3,777 shares of Matthews International Corp Class A Common Stock on March 9, 2025, following the vesting of restricted share units.
Summary
- On March 9, 2025, Terry L Dunlap, a director of Matthews International Corp, acquired 3,777 shares of Class A Common Stock.
- The acquisition resulted from the vesting of time-based restricted share units.
- Following the transaction, Dunlap directly owns 28,687 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock ownership, so it has a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning their interests with those of other shareholders.
Key Dates
| Date | Description |
|---|---|
| 2017-11-29 | Date of Power of Attorney. |
| 2018-03-09 | Power of Attorney filed on Form 4. |
| 2025-03-09 | Date of transaction: vesting of restricted share units and acquisition of Class A Common Stock. |
| 2025-03-11 | Date of signature for the Form 4 filing. |
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