PAYNE SHAWN P 4
4 · MATRIX SERVICE CO · Filed Sep 2, 2025
Insider Transaction Report
Form 4
PAYNE SHAWN P
President, Eng & Constr
Transactions
- Exercise/Conversion
COMMON STOCK
2025-08-30+2,817→ 107,704 total - Award
COMMON STOCK
2025-08-30+24,567→ 128,346 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2025-08-30−1,513→ 0 totalFrom: 2022-08-30Exp: 2025-08-30→ COMMON STOCK (1,513 underlying) - Tax Payment
COMMON STOCK
2025-08-29$15.13/sh−1,604$24,269→ 105,482 total - Exercise/Conversion
COMMON STOCK
2025-08-30+1,513→ 106,995 total - Disposition to Issuer
COMMON STOCK
2025-08-30$15.13/sh−1,513$22,892→ 105,482 total - Tax Payment
COMMON STOCK
2025-08-30$15.13/sh−1,108$16,764→ 103,779 total - Tax Payment
COMMON STOCK
2025-08-30$15.13/sh−9,667$146,262→ 118,679 total - Exercise/Conversion
COMMON STOCK
2025-08-29+4,077→ 111,163 total - Disposition to Issuer
COMMON STOCK
2025-08-29$15.13/sh−4,077$61,685→ 107,086 total - Tax Payment
COMMON STOCK
2025-08-30$15.13/sh−595$9,002→ 104,887 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2025-08-29−4,077→ 8,154 totalFrom: 2024-08-29Exp: 2027-08-29→ COMMON STOCK (4,077 underlying) - Disposition to Issuer
COMMON STOCK
2025-08-30$15.13/sh−2,817$42,621→ 104,887 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2025-08-30−2,817→ 2,817 totalFrom: 2023-08-30Exp: 2026-08-30→ COMMON STOCK (2,817 underlying)
Footnotes (7)
- [F1]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.
- [F2]SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED RESTRICTED STOCK UNITS.
- [F3]SHARES RECEIVED ON CONVERSION OF PERFORMANCE STOCK UNIT AWARD AS PREDETERMINED MARKET-BASED CRITERIA WAS MET.
- [F4]SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED PERFORMANCE STOCK UNITS.
- [F5]FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 29, 2024 TO AUGUST 29, 2027.
- [F6]FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2022 TO AUGUST 30, 2025.
- [F7]FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2023 TO AUGUST 30, 2026.