MATTHEWS INTERNATIONAL CORP·4

Mar 10, 3:02 PM ET

Richards Aleta W. 4

Research Summary

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Matthews (MATW) Director Aleta W. Richards Receives 4,668 Shares

What Happened

  • Aleta W. Richards, a director of Matthews International Corp (MATW), had 4,668 time‑based restricted share units (RSUs) vest on March 7, 2026. The RSUs converted into an equal number of Class A common shares at $0.00 per share (no cash exchanged). The Form 4 shows both the acquisition of 4,668 shares and the corresponding disposition of the derivative RSU interest.

Key Details

  • Transaction date: March 7, 2026; Filing date: March 10, 2026.
  • Shares acquired: 4,668 at $0.00; derivative interest disposed: 4,668 (conversion of RSUs).
  • Reported value: $0.00 (conversion/issuance from vested RSUs, not a market purchase/sale).
  • Footnote: F1 clarifies that on the vesting date the time‑based RSUs converted into an equal number of Class A shares.
  • Power of Attorney: The filing references a POA dated Sept 5, 2025.
  • Shares owned after the transaction are not specified in the information provided here; check the full Form 4 for post‑transaction holdings and any additional notes.

Context

  • This was a routine award conversion (RSU vesting), not an open‑market buy or sale. Such conversions increase reported share ownership but do not necessarily indicate trading intent or market sentiment. Unlike a cashless exercise followed by an immediate sale, there is no sale reported here. Investors should view this as a compensation‑related issuance unless additional sales/transfers are later reported.