Etzkorn Lillian 4

What Happened

• Lillian Etzkorn, a director of Matthews International Corp (MATW), was granted 5,556 restricted share units (RSUs) on 2026-03-12. The award is reported as a derivative acquisition (code A) with an acquisition price of $0.00.
• The RSUs were calculated using a per-share value of $25.23 (the mean of the high and low Nasdaq prices on the grant date), giving an implied grant value of approximately $140,178. The award generally vests on March 12, 2028, at which point each RSU converts to one share of Class A common stock.

Key Details

• Transaction date: 2026-03-12; Form filed: 2026-03-13. Transaction code: A (award/grant).
• Grant size: 5,556 RSUs; per-share reference value used: $25.23; implied aggregate value: ~$140,178.
• Vesting: Generally vests March 12, 2028, at which time units convert to an equal number of shares.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes: RSUs were awarded under the Second Amended and Restated 2019 Director Fee Plan and are contingent rights to receive one share per unit (F1–F3). A power of attorney dated Aug 26, 2025 was filed and incorporated by reference.

Context

• This is a routine director compensation award (not a market purchase or sale). RSUs do not represent current share ownership until they vest and may be subject to forfeiture or other plan terms. Such awards are common for non-employee directors and do not, by themselves, indicate insider buying or selling sentiment.