MATTHEWS INTERNATIONAL CORP·4

Mar 13, 2:04 PM ET

Richards Aleta W. 4

Research Summary

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Matthews (MATW) Director Aleta W. Richards Receives Restricted Share Units

What Happened

  • Aleta W. Richards, a director of Matthews International Corp. (MATW), received an award of 5,556 restricted share units (RSUs) on March 12, 2026. The award is reported as a derivative acquisition at $0.00 per unit (code A) and represents a contingent right to one share of Class A common stock per unit.
  • The grant’s notional value, calculated by the issuer, is about $140,178 (5,556 units × $25.23, the mean of the high and low Nasdaq prices on the grant date). This was an award/compensation grant, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-12; Filing date: 2026-03-13 (filed next day).
  • Amount: 5,556 RSUs; reported acquisition price: $0.00 (derivative award).
  • Valuation basis: $25.23 per share (mean of high and low Nasdaq prices on grant date) — used to calculate the number of units.
  • Vesting: Generally vests on March 12, 2028, at which time each RSU converts to one share of Class A common stock.
  • Plan: Award made under the Second Amended and Restated 2019 Director Fee Plan and subject to the related award agreement.
  • Shares owned after the transaction: Not disclosed in this filing.
  • Timeliness: Filing appears timely (reported the next business day). A Power of Attorney dated Sept 5, 2025 was previously filed and is referenced in this Form 4.

Context

  • RSU awards are compensation for service and are not an immediate cash outlay or open-market buy; they convert to stock only if vesting conditions are met (here, March 12, 2028).
  • Such grants are common for directors as part of board compensation and do not by themselves indicate the director’s market view.