MATTHEWS INTERNATIONAL CORP·4

Mar 10, 3:03 PM ET

Etzkorn Lillian 4

Research Summary

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MATW Director Lillian Etzkorn Converts 4,668 RSUs to Shares

What Happened

  • Lillian Etzkorn, a director of Matthews International Corp (MATW), had 4,668 derivative units convert into 4,668 shares of the company's Class A common stock on March 7, 2026. The Form 4 reports the conversion/exercise as 4,668 shares at an exercise price of $0.00 (no cash paid).
  • This was a vesting/conversion event (award realization), not an open‑market purchase or a sale.

Key Details

  • Transaction date: March 7, 2026; Report filed: March 10, 2026.
  • Reported transaction type/code: M (exercise/conversion of derivative); 4,668 shares acquired at $0.00.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Footnote: F1 states that on March 7, 2026 the time‑based restricted share units (RSUs) vested and converted into an equal number of Class A common shares.
  • Additional remark: A Power of Attorney dated August 26, 2025 is filed with the Form 4.
  • No sale of the newly issued shares is reported in this filing.

Context

  • This is a routine vesting of compensation (RSUs) rather than a market buy or disposition. The derivative lines reflect conversion of RSUs into shares; there is no indication in this filing that the shares were immediately sold. Retail investors typically view such events as compensation-related rather than a direct signal of the insider’s market view.