Borg Deborah 4
Research Summary
AI-generated summary
Mativ (MATV) Director Deborah Borg Receives RSU Award
What Happened
- Deborah Borg, a director of Mativ Holdings, Inc. (MATV), received an award of 19,815 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports this as an "A" (award/acquisition) derivative grant; no purchase price is applicable (N/A). These RSUs represent a right to receive one share of Mativ common stock per RSU when they vest.
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 6, 2026.
- Security: 19,815 RSUs (derivative award); price: N/A.
- Vesting: Footnote states these RSUs are an annual equity retainer granted under the Outside Director Stock Plan and vest on July 1, 2027; each RSU equals one share upon vesting.
- Shares owned after transaction: not specified in the provided filing.
- Filing status: no late-filing flag indicated in the disclosed report.
Context
- RSU awards are compensation, not an open-market purchase or sale. They give the recipient a future right to shares if vesting conditions are met and so are typically a routine part of director pay rather than an immediate trading signal.