|4Feb 19, 11:43 AM ET

AUSTIN NANCY E 4

Research Summary

AI-generated summary

Updated

MTRX VP Nancy E. Austin Sells 4,193 Shares

What Happened
Nancy E. Austin, Vice President and Chief Administrative Officer of Matrix Service Co. (MTRX), sold 4,193 shares on February 18, 2026. The reported weighted-average sale price was $11.29, for a total proceeds of approximately $47,345. This was a sale (code S), which is often routine insider selling and not by itself a clear signal about company prospects.

Key Details

  • Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-19) — filing appears timely.
  • Shares sold: 4,193; weighted-average price: $11.29; total proceeds: ~$47,345.
  • Price range: shares were sold in multiple trades at prices from $11.20 to $11.35 (footnote F1).
  • Filing footnote: weighted-average reported; reporting person will provide details of per-trade prices on request (F1).
  • Shares owned after transaction: not included in the provided excerpt — see the full Form 4 for post-transaction beneficial ownership.

Context

  • This was a straight sale of stock (S). Sales by officers can be for many reasons (diversification, liquidity, tax planning) and are more common than purchases; they do not necessarily indicate negative views of the company.
  • No 10b5-1 plan, gift, option exercise, or tax-withholding details were indicated in the provided information. Check the full filing for any additional disclosures.