MATTHEWS INTERNATIONAL CORP·4

Mar 13, 2:04 PM ET

OBRIEN MORGAN K 4

Research Summary

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MATTHEWS (MATW) Director Morgan K. O'Brien Receives RSU Award

What Happened
Morgan K. O'Brien, a director of Matthews International Corp (MATW), was granted 5,556 restricted share units (RSUs) on March 12, 2026. The RSUs were calculated using a per-share value of $25.23 (the mean of the high and low Nasdaq price that day), giving an aggregate grant value of roughly $140,178. The filing reports the acquisition price as $0.00 because this was a compensatory derivative award rather than a cash purchase.

Key Details

  • Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely).
  • Reported transaction type: A (award/grant of derivative securities); SEC price reported: $0.00.
  • RSUs granted: 5,556; valuation used: $25.23 per share; total implied value ≈ $140,178.
  • Vesting: Generally vests on March 12, 2028, at which time each unit converts to one share of Class A common stock.
  • Footnotes: Grants made under the Second Amended and Restated 2019 Director Fee Plan; each RSU equals a contingent right to one share at vesting.
  • Shares owned after transaction: Not specified in the filing.
  • Administrative note: Power of Attorney dated Sept 5, 2025 was filed by reference on March 10, 2026.

Context
Director RSU awards are common as part of board compensation and represent a future right to shares if vesting conditions are met; they do not involve an immediate cash purchase or sale and should be viewed as routine compensation unless combined with other insider activity.