{"schema_version":"secwatch.filing_event.v1","accession":"0000866273-22-000087","form_type":"8-K","ticker":"MTRX","cik":"0000866273","company_name":"MATRIX SERVICE CO","filed_at":"2022-09-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.315084+00:00","generated_at":"2026-06-23T18:16:00.322551+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Matrix Service subsidiary president Brad Rinehart departs; Shawn Payne appointed as successor","bullets":["Rinehart, President of Matrix Service Inc. (subsidiary), departed Aug 31, 2022 after 34 years of service.","Cash severance of 1.5X base salary; RSUs and pro-rated PSUs continue vesting subject to performance metrics.","Shawn P. Payne promoted to President of Matrix Service Inc., effective Sept 1, 2022.","Payne joined Matrix in 2012, led minerals/mining entry; most recently SVP Operations."],"urls":{"canonical":"https://secwatch.observer/filing/0000866273-22-000087","json":"https://secwatch.observer/filing/0000866273-22-000087.json","markdown":"https://secwatch.observer/filing/0000866273-22-000087.md","text":"https://secwatch.observer/filing/0000866273-22-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866273/000086627322000087/0000866273-22-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866273/000086627322000087/mtrx-20220831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T18:16:00.322551+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3cb57a7078","claim":"Shawn P. Payne was appointed as President – Matrix Service at MATRIX SERVICE CO.","evidence_excerpt":"In connection with Mr. Rinehart’s departure and as part of a succession planning, Matrix Service has promoted Shawn P. Payne to President – Matrix Service, effective September 1, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866273/000086627322000087/0000866273-22-000087-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President – Matrix Service"}],"fact_type":"executive_change"},{"claim_id":"6823a30cfb","claim":"Bradley J. Rinehart departed as President – Matrix Service Inc. at MATRIX SERVICE CO.","evidence_excerpt":"Effective August 31, 2022, Mr. Bradley J. Rinehart, President – Matrix Service Inc. (“Matrix Service”), a wholly-owned subsidiary of Matrix Service Company, Inc. (the \"Company\"), will no longer be employed by Matrix Service.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866273/000086627322000087/0000866273-22-000087-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"President – Matrix Service Inc."}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}