---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-151295"
form_type: "8-K"
ticker: "MATW"
cik: "0000063296"
company_name: "MATTHEWS INTERNATIONAL CORP"
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:44:10.702209+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Matthews International enters transition agreement with Group President Steven Gackenbach

## Summary
- Gackenbach remains full-time Group President through Sep 30, 2026, then part-time Senior Advisor through Jan 2, 2028.
- Annual base salary of $562,500 reduced 50% on Oct 1, 2026; bonus target remains 60% of base throughout.
- Nov 2026 restricted stock unit grant of $417,525 (62.5% of prior year grant); eligible for retirement election during advisor period.
- If elected retirement during advisor period, enters 2-year consulting agreement; change-in-control benefits preserved.
- Employment terminates Jan 2, 2028, with potential earlier retirement; all terminations qualify as Qualified Retirement under RSU plan.

## SEC filing metadata
- accession: 0001193125-26-151295
- form_type: 8-K
- ticker: MATW
- cik: 0000063296
- company_name: MATTHEWS INTERNATIONAL CORP
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63296/000119312526151295/0001193125-26-151295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63296/000119312526151295/d139164d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-151295
- JSON: https://secwatch.observer/filing/0001193125-26-151295.json
- Plain text: https://secwatch.observer/filing/0001193125-26-151295.txt

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