Mativ Holdings, Inc. 8-K

What Happened
Mativ Holdings, Inc. filed an 8-K on Feb 11, 2026 disclosing that its Compensation Committee approved Amendment No. 1 to the offer letter for President and CEO Shruti Singhal. The amendment, effective January 1, 2026, sets Ms. Singhal’s annual base salary at $950,000 and confirms her eligibility for the company’s Short-Term Incentive Plan and long‑term incentive awards under the 2024 Equity and Incentive Plan. The amended letter also outlines the company’s severance obligations and includes customary in-term and post-term restrictive covenants.

Key Details

• Amendment approved by the Compensation Committee on February 6, 2026; effective January 1, 2026.
• New annual base salary: $950,000.
• Eligible for Short-Term Incentive Plan (annual target bonus expressed as a percentage of base salary, set annually by the Board/Committee).
• Remains eligible for long-term incentive awards (annual target also set as a percentage of base salary by the Board/Committee) and contains severance and restrictive covenant terms.
• Original Offer Letter date: March 11, 2025 (amended by this filing).

Why It Matters
This 8-K updates investors on the company’s governance and executive compensation for its CEO. The increase and formalization of pay components (base salary, annual bonus eligibility, and long-term incentives) affect executive pay structure and potential future cash or equity expense. The inclusion of severance terms and restrictive covenants clarifies post‑employment obligations and potential future liabilities the company may face if a termination occurs.