OBRIEN MORGAN K 4
Research Summary
AI-generated summary
MATW Director Morgan K. O'Brien Receives 4,668 Shares on RSU Vesting
What Happened Morgan K. O'Brien, a director of Matthews International Corp. (MATW), had 4,668 time‑based restricted stock 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 paid). The Form 4 reports the derivative conversion (exercise/conversion code M) and shows the RSUs ceased and shares were issued.
Key Details
- Transaction date: March 7, 2026 (vesting/conversion)
- Report filed: March 10, 2026 (Accession: 0000063296-26-000025)
- Shares issued: 4,668 Class A shares; reported price $0.00 (no cash exercise)
- Filing entries: one "Acquired" line and one "Disposed" line reflecting conversion of the derivative instrument into shares
- Footnote: F1 — time‑based RSUs converted into an equal number of shares on the vesting date
- Power of Attorney dated Sept 5, 2025 is attached to the filing
- Shares owned after the transaction: not specified in the provided filing extract
Context This was an automatic vesting/conversion of RSUs (an award becoming stock), not an open‑market purchase or sale. No immediate sale of the newly issued shares is reported in this filing; such conversions are common compensation events and do not by themselves indicate the insider is buying or selling stock.
Loading document...