Principal Michael W. Rickheim - 03 Jun 2025 Form 4 Insider Report for Mativ Holdings, Inc. (MATV)

Reporting relationship: CHRO
Issuer ticker: MATV
Reported as of: 03 Jun 2025
Net transaction value: -$61,627
SEC form: 4
Accepted by SEC: 05 Jun 2025, 16:47:01 UTC
Prior SEC filing: 21 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Brian Park, attorney-in-fact for Michael W. Rickheim, principal

Key filing fact

Principal Michael W. Rickheim filed Form 4 for Mativ Holdings, Inc. (MATV) on 05 Jun 2025.

Key facts

This page summarizes Principal Michael W. Rickheim's Form 4 filing for Mativ Holdings, Inc. (MATV).
12 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 05 Jun 2025, 16:47.

Change

Previous filing in this sequence was filed on 21 Mar 2025.
Current net transaction value: -$61,627.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001808077 Primary reporting owner

Rickheim Michael W

Relationship: CHRO
Address: MATIV HOLDINGS, INC., 100 KIMBALL PLACE, STE 600, ALPHARETTA
Signature: /s/ Brian Park, attorney-in-fact for Michael W. Rickheim, principal
Signature date: 05 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MATV transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,736
Change %: +2.2%
Price: $0.000000
Shares after: 80,127
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F1

MATV transaction

Common Stock

Disposed to Issuer

Transaction value: $9,930
Shares: -1,736
Change %: -2.2%
Price: $5.72
Shares after: 78,391
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F1

MATV transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,792
Change %: +6.1%
Price: $0.000000
Shares after: 83,183
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F2

MATV transaction

Common Stock

Tax liability

Transaction value: $12,367
Shares: -2,162
Change %: -2.6%
Price: $5.72
Shares after: 81,021
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F2, F3

MATV transaction

Common Stock

Award

Transaction value: $0
Shares: +11,321
Change %: +14%
Price: $0.000000
Shares after: 92,342
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F4

MATV transaction

Common Stock

Tax liability

Transaction value: $28,995
Shares: -5,069
Change %: -5.5%
Price: $5.72
Shares after: 87,273
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F3, F4

MATV transaction

Common Stock

Award

Transaction value: $0
Shares: +2,403
Change %: +2.8%
Price: $0.000000
Shares after: 89,676
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F5

MATV transaction

Common Stock

Tax liability

Transaction value: $6,200
Shares: -1,084
Change %: -1.2%
Price: $5.72
Shares after: 88,592
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F3, F5

MATV transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -22,106
Change %: -25%
Price: $0.000000
Shares after: 66,486
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F6

MATV transaction

Common Stock

Tax liability

Transaction value: $4,136
Shares: -723
Change %: -1.1%
Price: $5.72
Shares after: 65,763
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F3, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MATV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -2,274
Change %: -100%
Price
Shares after: 0
Date: 03 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,274
Exercise price
Footnotes: F1

MATV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -11,070
Change %: -100%
Price
Shares after: 0
Date: 03 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,070
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On February 16, 2023, the reporting person was granted 6,822 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 16, 2024 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. The reporting person resigned as the Mativ Holdings, Inc.'s Chief Human Resources and Communications Officer effective June 1, 2025 (the "Resignation"); as such, an additional 1,736 RSUs vested and settled in cash on June 3, 2025, and the unvested 538 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.

Footnote F2

On April 26, 2024, the reporting person was granted 16,605 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 13, 2025 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. Upon the Resignation, an additional 4,792 RSUs vested and settled in cash on June 3, 2025, and the unvested 6,278 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.

Footnote F3

Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs.

Footnote F4

On April 26, 2024, the reporting person was granted a target number of 24,908 RSUs subject to performance and time-based vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. Upon the Resignation, the reporting person was entitled to 11,321 vested RSUs.

Footnote F5

On March 19, 2025, the reporting person was granted a target number of 35,563 RSUs subject to performance and time-based vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. Upon the Resignation, the reporting person was entitled to 2,403 vested RSUs.

Footnote F6

On March 19, 2025, the reporting person was granted 23,708 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on March 19, 2026, and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer upon vesting. Upon the Resignation, 1,602 RSUs vested, and the unvested 22,106 RSUs were forfeited and no shares will be issued with respect to any portion of the unvested award.