Dietze Katherine Elizabeth 4
Research Summary
AI-generated summary
MATTHEWS (MATW) Director Katherine Dietze Receives RSU Award
What Happened
- Katherine Elizabeth Dietze, a director of MATTHEWS INTERNATIONAL CORP (MATW), received a grant of 5,556 restricted share units (RSUs) on March 12, 2026. The award is recorded as an acquired derivative (transaction code A) with an acquisition price of $0; the RSUs were valued at $25.23 each for reporting purposes, implying an approximate grant value of $140,178. The units generally vest on March 12, 2028, at which time they will convert to an equal number of Class A common shares.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely)
- Instrument: Restricted Share Units (derivative award), transaction code A (award/grant)
- Quantity: 5,556 RSUs; reporting valuation basis: $25.23 (mean of high and low Nasdaq prices on grant date)
- Implied grant value: approximately $140,178 (5,556 × $25.23)
- Vesting: generally vests March 12, 2028, then converts 1:1 to Class A shares (see footnotes F1–F3)
- Shares owned after transaction: not specified in the provided filing excerpt
- Remarks: Power of Attorney referenced in the filing was previously filed and incorporated by reference
Context
- RSU grants to directors are a common form of compensation and do not represent an immediate cash sale or purchase of shares. They are contingent rights to receive shares upon vesting; until vesting, they typically do not change the insider’s voting or cash position.