COOK WILLIAM M 4
4 · Mativ Holdings, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Mativ (MATV) Director William M. Cook Receives 22,516-Share Award
What Happened
William M. Cook, a director of Mativ Holdings, received a total of 22,516 deferred stock units on July 1, 2026 (awards of 1,075; 658; 968; and 19,815 units). No purchase price or cash changed hands — these are awarded/deferred equity units granted as part of non-employee director compensation and reported on a Form 4 filed July 6, 2026. The filing lists the transactions as derivative awards (stock units), not open-market buys or sales.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-06. (This appears to be filed after the typical two-business-day Form 4 deadline.)
- Share/units granted: 1,075; 658; 968; and 19,815 — total 22,516 deferred stock units. Price: N/A (award/deferral).
- Shares owned after the transaction: not specified in the filing.
- Footnote summaries:
- F1/F5: Quarterly/annual director retainers were deferred under the Non-Employee Directors Deferred Compensation Plan.
- F2: Deferred stock units convert to shares upon retirement or termination as a director.
- F3/F4: Amounts include reinvested dividend equivalents on deferred/vested units.
- Transaction code: A = Award/Grant (derivative stock units).
Context
These awards are routine non-employee director compensation (deferred stock units) and do not represent open-market buying or selling. Deferred units typically convert into company shares upon a director’s retirement or departure, so this filing reflects compensation mechanics rather than an immediate investment decision. The late filing (filed July 6 for a July 1 transaction) is an administrative detail investors may note; it does not change the nature of the award.
Insider Transaction Report
- Award
Phantom Stock
[F1][F2]2026-07-01+1,075→ 59,098 total→ Common Stock (1,075 underlying) - Award
Phantom Stock
[F3][F2]2026-07-01+658→ 59,756 total→ Common Stock (658 underlying) - Award
Phantom Stock
[F4][F2]2026-07-01+968→ 60,724 total→ Common Stock (968 underlying) - Award
Phantom Stock
[F5][F2]2026-07-01+19,815→ 80,539 total→ Common Stock (19,815 underlying)
- 26,436
Common Stock
Footnotes (5)
- [F1]Represents quarterly meeting and committee retainers deferred pursuant to the Director's election in accordance with the Non-Employee Directors Deferred Compensation Plan.
- [F2]Stock units are converted to stock upon the earlier of retirement from the Board or termination as a Director in accordance with the Company's Non-Employee Directors Deferred Compensation Plan.
- [F3]Represents net reinvested dividends on deferred shares after accounting adjustments related to non-employee director compensation program
- [F4]Represent reinvested dividend equivalents on vested RSUs.
- [F5]Represents an annual stock retainer pursuant to the Company's Outside Director Stock Plan. Deferred pursuant to the Director's election in accordance with the Company's Non-Employee Directors Deferred Compensation Plan.