Wlodarczyk Francis 4
Research Summary
AI-generated summary
MATW Director Francis Wlodarczyk Receives 3,989 Shares
What Happened
- Francis Wlodarczyk, a director of Matthews International Corp (MATW), had 3,989 time‑based restricted share units (RSUs) convert into 3,989 shares of Class A common stock on March 7, 2026. The filing shows the conversion/acquisition at $0.00 per share (no cash payment). The Form 4 lists a simultaneous disposition of the derivative instrument (the RSUs), reflecting the conversion into stock.
Key Details
- Transaction date: March 7, 2026; Form 4 filed: March 10, 2026 (filed within the typical 2-business-day window).
- Shares received: 3,989 shares; reported price: $0.00 (conversion of RSUs).
- Filing shows both an acquisition of 3,989 shares and a corresponding disposition of 3,989 derivative units (this reflects the RSU-to-share conversion).
- Footnote: On March 7, 2026 (vesting date), the time‑based RSUs converted into an equal number of Class A shares (Footnote F1).
- Shares owned after the transaction: not stated in the provided filing.
- Remarks: Power of Attorney dated June 20, 2025 is filed with the Form 4.
Context
- This was a vesting/conversion of equity compensation (RSUs), not an open‑market purchase or sale. Such conversions are routine compensation events and do not by themselves signal a buy or sell decision by the insider. The filing appears timely based on the reported transaction and filing dates.
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