{"schema_version":"secwatch.filing_event.v1","accession":"0000866273-26-000020","form_type":"8-K","ticker":"MTRX","cik":"0000866273","company_name":"MATRIX SERVICE CO","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.835361+00:00","generated_at":"2026-05-15T01:23:54.972773+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Matrix Service CFO and CAO to depart; Cavanah gets $771K separation package","bullets":["Kevin Cavanah to step down as CFO after filing of FY2026 10-K; external search underway for Houston-based successor.","Nancy Austin to depart as CAO effective May 7, 2026; role responsibilities redistributed to other executives.","Cavanah receives $771K lump sum, 18 months COBRA, full vesting of RSUs and pro-rata performance units.","Austin receives $608K lump sum, 18 months COBRA, vesting of 20,368 RSUs and performance units.","Departures are part of broader changes following Shawn Payne's appointment as CEO effective July 1, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000866273-26-000020","json":"https://secwatch.observer/filing/0000866273-26-000020.json","markdown":"https://secwatch.observer/filing/0000866273-26-000020.md","text":"https://secwatch.observer/filing/0000866273-26-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866273/000086627326000020/0000866273-26-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866273/000086627326000020/mtrx-20260428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:23:54.972773+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":"8cbcac3b30","claim":"Kevin S. Cavanah departed as Vice President of Finance and Chief Financial Officer at MATRIX SERVICE CO.","evidence_excerpt":"Kevin S. Cavanah, Vice President of Finance and Chief Financial Officer, and Nancy E. Austin, Chief Administrative Officer, will step down from their respective positions on the terms substantially as described below.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866273/000086627326000020/0000866273-26-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will step down"},{"label":"Role","value":"Vice President of Finance and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"981e44aade","claim":"Nancy E. Austin departed as Vice President and Chief Administrative Officer at MATRIX SERVICE CO.","evidence_excerpt":"Ms. Austin will step down as Vice President and Chief Administrative Officer of the Company effective as of May 7, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866273/000086627326000020/0000866273-26-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will step down"},{"label":"Role","value":"Vice President and Chief Administrative Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}