---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-158448"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:13:25.225621+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mativ Holdings adopts severance plan with enhanced change-of-control benefits for top executives

## Summary
- Plan covers CEO Julie Schertell, CFO Greg Weitzel, and two other named execs; effective July 6, 2024.
- Non-CIC severance: CEO gets 2x (salary+bonus), others 1.5x; COBRA up to 24 months for CEO, 18 for others.
- CIC severance: CEO gets 3x (salary+bonus), others 2x; COBRA up to 36 months CEO, 24 others; full equity vesting.
- Time-based awards vest pro-rata on non-CIC; fully vest on CIC. Performance awards vest at target on CIC.
- Plan requires signing release and restrictive covenants; replaces all prior severance arrangements.

## SEC filing metadata
- accession: 0001193125-24-158448
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000119312524158448/0001193125-24-158448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000119312524158448/d804091d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-158448
- JSON: https://secwatch.observer/filing/0001193125-24-158448.json
- Plain text: https://secwatch.observer/filing/0001193125-24-158448.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.