Singhal Shruti 4

What Happened

• Shruti Singhal, President, CEO and Director of Mativ Holdings (MATV), had 305,677 restricted stock units (RSUs) vest on March 11, 2026 and received 305,677 underlying shares. To cover tax withholding, 84,016 of those shares were surrendered (disposed) at $9.02 per share for a withholding amount of $757,824. Net shares received by Singhal were 221,661. The total value of the vested RSUs at $9.02/share was about $2.76 million, with a net value after withholding of roughly $2.00 million.

Key Details

• Transaction date: March 11, 2026 (filed March 13, 2026 — timely Form 4)
• Reported transactions: conversion/vesting of RSUs (coded M) for 305,677 shares @ $0.00 (acquired); share withholding for taxes (coded F) of 84,016 shares @ $9.02 (disposed) = $757,824
• Net shares retained: 221,661 (305,677 − 84,016)
• Shares owned after transaction: Not specified in the filing
• Footnotes: F1 — 305,677 RSUs were granted on March 11, 2025 and vested one year later; each RSU converts to one share and/or cash. F2 — 84,016 shares were withheld to satisfy tax withholding on vesting.

Context

• This was an RSU vesting event (award conversion), not an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a routine administrative step and is commonly reported as a disposition (code F). The filing appears timely (filed two days after the March 11 transaction).