Shawn P. Payne - 29 Aug 2025 Form 4 Insider Report for MATRIX SERVICE CO (MTRX)

Role
President, Eng & Constr
Signature
Shawn P. Payne
Issuer symbol
MTRX
Transactions as of
29 Aug 2025
Net transactions value
-$323,495
Form type
4
Filing time
02 Sep 2025, 17:15:23 UTC
Previous filing
28 Aug 2025
Next filing
12 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PAYNE SHAWN P President, Eng & Constr 15 EAST 5TH STREET, SUITE 1100, TULSA Shawn P. Payne 02 Sep 2025 0001945698

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRX COMMON STOCK Options Exercise +4,077 +3.8% 111,163 29 Aug 2025 Direct F1
transaction MTRX COMMON STOCK Disposed to Issuer $61,685 -4,077 -3.7% $15.13 107,086 29 Aug 2025 Direct
transaction MTRX COMMON STOCK Tax liability $24,269 -1,604 -1.5% $15.13 105,482 29 Aug 2025 Direct F2
transaction MTRX COMMON STOCK Options Exercise +1,513 +1.4% 106,995 30 Aug 2025 Direct F1
transaction MTRX COMMON STOCK Disposed to Issuer $22,892 -1,513 -1.4% $15.13 105,482 30 Aug 2025 Direct
transaction MTRX COMMON STOCK Tax liability $9,002 -595 -0.56% $15.13 104,887 30 Aug 2025 Direct F2
transaction MTRX COMMON STOCK Options Exercise +2,817 +2.7% 107,704 30 Aug 2025 Direct F1
transaction MTRX COMMON STOCK Disposed to Issuer $42,621 -2,817 -2.6% $15.13 104,887 30 Aug 2025 Direct
transaction MTRX COMMON STOCK Tax liability $16,764 -1,108 -1.1% $15.13 103,779 30 Aug 2025 Direct F2
transaction MTRX COMMON STOCK Award $0 +24,567 +24% $0.000000 128,346 30 Aug 2025 Direct F3
transaction MTRX COMMON STOCK Tax liability $146,262 -9,667 -7.5% $15.13 118,679 30 Aug 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTRX RESTRICTED STOCK UNITS Options Exercise $0 -4,077 -33% $0.000000 8,154 29 Aug 2025 COMMON STOCK 4,077 Direct F1, F5
transaction MTRX RESTRICTED STOCK UNITS Options Exercise $0 -1,513 -100% $0.000000 0 30 Aug 2025 COMMON STOCK 1,513 Direct F1, F6
transaction MTRX RESTRICTED STOCK UNITS Options Exercise $0 -2,817 -50% $0.000000 2,817 30 Aug 2025 COMMON STOCK 2,817 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 EACH RESTRICTED STOCK UNIT IS THE ECONOMIC EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK. ALL RESTRICTED STOCK UNITS ARE SETTLED SOLELY IN CASH WHEN VESTED.
F2 SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED RESTRICTED STOCK UNITS.
F3 SHARES RECEIVED ON CONVERSION OF PERFORMANCE STOCK UNIT AWARD AS PREDETERMINED MARKET-BASED CRITERIA WAS MET.
F4 SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED PERFORMANCE STOCK UNITS.
F5 FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 29, 2024 TO AUGUST 29, 2027.
F6 FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2022 TO AUGUST 30, 2025.
F7 FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 30, 2023 TO AUGUST 30, 2026.