MATTHEWS INTERNATIONAL CORP·4

Mar 13, 2:04 PM ET

DUNLAP TERRY L 4

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Matthews (MATW) Director Terry Dunlap Receives RSU Award

What Happened
Terry L. Dunlap, a director of Matthews International Corp. (MATW), was granted 5,556 restricted share units (RSUs) on March 12, 2026. The award was reported as a derivative acquisition (code A) with an acquisition price of $0.00; the issuer used a reference price of $25.23 (the mean of the high and low Nasdaq prices on the grant date) to calculate the number of units, implying an approximate grant value of $140,178. The RSUs generally vest on March 12, 2028 and will convert to an equal number of Class A common shares upon vesting.

Key Details

  • Transaction date: 2026-03-12; Form 4 filed 2026-03-13 (timely filing).
  • Grant type/code: Award/Grant (A) of 5,556 RSUs; acquisition price reported as $0.00.
  • Valuation used: $25.23 per share (mean of high and low Nasdaq prices on grant date), implied value ≈ $140,178.
  • Vesting: Generally vests on March 12, 2028, at which point each RSU converts to one Class A share.
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnotes: F1 explains RSUs are contingent rights to receive one share each; F2 explains the $25.23 pricing basis; F3 confirms the March 12, 2028 vesting schedule.
  • Filing timeliness/remarks: Filing appears timely (reported the day after the grant). A power of attorney referenced in the filing was previously filed on March 10, 2026.

Context: This was an equity award (RSUs) to a director rather than an open-market purchase or sale. RSU grants are a common form of compensation and do not represent an immediate cash transaction or sale of shares; they convert to shares only if/when they vest per the stated schedule.