Elwart Ryan Michael 4

What Happened

• Elwart Ryan Michael (Group President) received a grant of 28,917 restricted stock units (RSUs) on February 24, 2026. The RSUs are derivative awards (no cash paid) and have no per-share price reported (N/A). Each RSU represents the right to one share of Mativ common stock upon vesting.

Key Details

• Transaction date: 2026-02-24 (Grant/Award, code A); Form 4 filed 2026-02-26 (timely).
• Award amount: 28,917 RSUs; price: N/A (derivative grant).
• Vesting: three equal annual installments on Feb 24, 2027, Feb 24, 2028, and Feb 24, 2029.
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs are time-vested and convert to one share each upon vesting; subject to forfeiture until vesting.

Context

• RSU grants are a compensation award (not an open-market purchase or sale) and typically reflect pay structure rather than an immediate trading signal. Upon vesting the RSUs will result in common shares being issued (which can dilute existing shareholders). This Form 4 reports a standard time-based equity award and was filed within the required reporting window.