Douglas J. Montalbano - Aug 27, 2025 Form 4 Insider Report for MATRIX SERVICE CO (MTRX)

Role
President, Matrix NAC
Signature
Douglas J. Montalbano
Stock symbol
MTRX
Transactions as of
Aug 27, 2025
Transactions value $
-$54,102
Form type
4
Date filed
8/28/2025, 07:14 PM
Previous filing
Sep 3, 2024
Next filing
Sep 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MONTALBANO DOUGLAS J President, Matrix NAC 15 EAST 5TH STREET, SUITE 1100, TULSA Douglas J. Montalbano 2025-08-28 0001991888

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTRX COMMON STOCK Award $0 +7.91K +16.14% $0.00 56.9K Aug 27, 2025 Direct F1
transaction MTRX COMMON STOCK Options Exercise +2.46K +4.33% 59.4K Aug 27, 2025 Direct F2
transaction MTRX COMMON STOCK Disposed to Issuer -$37.8K -2.46K -4.15% $15.37 56.9K Aug 27, 2025 Direct
transaction MTRX COMMON STOCK Tax liability -$16.3K -1.06K -1.86% $15.37 55.8K Aug 27, 2025 Direct F3

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 Award $0 +7.91K $0.00 7.91K Aug 27, 2025 COMMON STOCK 7.91K Direct F2, F4
transaction MTRX RESTRICTED STOCK UNITS Options Exercise $0 -2.46K -25.01% $0.00 7.38K Aug 27, 2025 COMMON STOCK 2.46K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RESTRICTED STOCK UNIT - EACH UNIT WILL ENTITLE THE REPORTING PERSON TO ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES.
F2 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.
F3 SHARES DISPOSED TO SATISFY TAX OBLIGATION DUE ON VEST DATE FOR STOCK-SETTLED RESTRICTED STOCK UNITS.
F4 EACH UNIT WILL ENTITLE THE REPORTING PERSON TO THE CASH EQUIVALENT OF ONE SHARE OF MATRIX SERVICE COMPANY COMMON STOCK IF AND WHEN THE CONDITIONS OF THE RESTRICTION HAVE BEEN SATISFIED. FOR THIS GRANT, 25% WILL VEST EACH YEAR FOR THE NEXT FOUR YEARS ON THE ANNIVERSARY DATES.
F5 FOR THIS SERVICE-BASED AWARD OF CASH-SETTLED RESTRICTED STOCK UNITS, 25% WILL VEST EACH YEAR FROM AUGUST 27, 2025 TO AUGUST 27, 2028.