SCHAWK DAVID A 4
4 · MATTHEWS INTERNATIONAL CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
MATTHEWS (MATW) Director David Schawk Converts 4,668 RSUs to Shares
What Happened
- David A. Schawk, a director of Matthews International Corp. (MATW), had 4,668 time‑based restricted stock units (RSUs) vest on March 7, 2026. The Form 4 reports an "exercise or conversion of derivative" (code M) for 4,668 shares at $0.00 (acquired) and a corresponding derivative disposition for 4,668 shares at $0.00. The filing’s footnote clarifies that the RSUs converted into an equal number of Class A common shares on the vesting date.
- This transaction is a routine compensation vesting (award conversion), not a cash purchase or an open‑market sale — therefore it should not be read as a directional buy/sell signal.
Key Details
- Transaction date: March 7, 2026; Filing date: March 10, 2026.
- Shares involved: 4,668 shares converted; reported price: $0.00 (conversion of RSUs).
- Footnote: F1 — the time‑based RSUs vested and converted into an equal number of Class A shares on March 7, 2026.
- Power of Attorney dated June 4, 2025 is filed with the report (per remarks).
- Shares owned after the transaction: not specified in the excerpt of the filing provided.
- Timeliness: filed March 10, 2026; the filing does not indicate a late report.
Context
- Code M covers exercise or conversion of a derivative. In this case the derivative (RSU) converted into shares upon vesting; there is no indication the shares were sold immediately (no cashless exercise or sale reported).
- Vesting conversions are common executive/director compensation events and do not, by themselves, imply an insider view on the company’s near‑term prospects.
Insider Transaction Report
Form 4
SCHAWK DAVID A
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-07+4,668→ 4,668 total - Exercise/Conversion
Restricted Share Units
[F1]2026-03-07−4,668→ 0 totalExercise: $0.00→ Class A Common Stock (4,668 underlying)
Footnotes (1)
- [F1]On March 7, 2026, the vesting date, the time-based restricted share units converted into an equal number of shares of the Company's Class A common stock.
Signature
/s/ Brian D. Walters (Attorney-in-Fact)|2026-03-10