Cavanah Kevin S 4
4 · MATRIX SERVICE CO · Filed Aug 28, 2025
Insider Transaction Report
Form 4
Cavanah Kevin S
VP Acctg & Financial Reporting
Transactions
- Award
COMMON STOCK
2025-08-27+12,035→ 189,527 total - Exercise/Conversion
COMMON STOCK
2025-08-27+4,307→ 193,834 total - Tax Payment
COMMON STOCK
2025-08-27$15.37/sh−1,597$24,546→ 187,930 total - Award
RESTRICTED STOCK UNITS
2025-08-27+12,035→ 12,035 totalFrom: 2026-08-27Exp: 2029-08-27→ COMMON STOCK (12,035 underlying) - Disposition to Issuer
COMMON STOCK
2025-08-27$15.37/sh−4,307$66,199→ 189,527 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2025-08-27−4,307→ 12,921 totalFrom: 2025-08-27Exp: 2028-08-27→ COMMON STOCK (4,307 underlying)
Footnotes (5)
- [F1]RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES.
- [F2]EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED.
- [F3]SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED RESTRICTED STOCK UNITS.
- [F4]EACH UNIT WILL ENTITLE THE REPORTING PERSON TO THE CASH EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES.
- [F5]FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 27, 2025 TO AUGUST 27, 2028.