Matthews International Corp Files DEF 14A Proxy Statement
Ticker: MATW · Form: DEF 14A · Filed: Jan 16, 2024 · CIK: 63296
Complexity: moderate
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Matthews International Corp, Corporate Governance, Executive Compensation
TL;DR
<b>Matthews International Corp has filed its DEF 14A proxy statement for the period ending February 15, 2024.</b>
AI Summary
MATTHEWS INTERNATIONAL CORP (MATW) filed a Proxy Statement (DEF 14A) with the SEC on January 16, 2024. Filing is a DEF 14A proxy statement for Matthews International Corp. The company's fiscal year ends on September 30. The filing covers the period ending February 15, 2024. Matthews International Corp is classified under Nonferrous Foundries (Castings) [3360]. The company was formerly known as Matthews James H & Co.
Why It Matters
For investors and stakeholders tracking MATTHEWS INTERNATIONAL CORP, this filing contains several important signals. This filing provides shareholders with information regarding the company's annual meeting, including proposals and executive compensation details. As a DEF 14A filing, it is a crucial document for understanding corporate governance and shareholder voting matters at Matthews International Corp.
Risk Assessment
Risk Level: low — MATTHEWS INTERNATIONAL CORP shows low risk based on this filing. The filing is a routine DEF 14A proxy statement, indicating no immediate material changes or significant events beyond standard corporate disclosures.
Analyst Insight
Review the executive compensation and shareholder proposals within this DEF 14A filing to understand potential impacts on corporate governance and shareholder value.
Key Numbers
- 2024-02-15 — Period of Report End Date (Conformed period of report)
- 2024-01-16 — Filing Date (Filed as of date)
- 0930 — Fiscal Year End (Company fiscal year end)
- 3360 — SIC Code (Standard Industrial Classification)
Key Players & Entities
- MATTHEWS INTERNATIONAL CORP (company) — Filer name
- MATTHEWS JAMES H & CO (company) — Former company name
- PITTSBURGH (company) — Business and mail address city
- PA (company) — Business and mail address state
FAQ
When did MATTHEWS INTERNATIONAL CORP file this DEF 14A?
MATTHEWS INTERNATIONAL CORP filed this Proxy Statement (DEF 14A) with the SEC on January 16, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by MATTHEWS INTERNATIONAL CORP (MATW).
Where can I read the original DEF 14A filing from MATTHEWS INTERNATIONAL CORP?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by MATTHEWS INTERNATIONAL CORP.
What are the key takeaways from MATTHEWS INTERNATIONAL CORP's DEF 14A?
MATTHEWS INTERNATIONAL CORP filed this DEF 14A on January 16, 2024. Key takeaways: Filing is a DEF 14A proxy statement for Matthews International Corp.. The company's fiscal year ends on September 30.. The filing covers the period ending February 15, 2024..
Is MATTHEWS INTERNATIONAL CORP a risky investment based on this filing?
Based on this DEF 14A, MATTHEWS INTERNATIONAL CORP presents a relatively low-risk profile. The filing is a routine DEF 14A proxy statement, indicating no immediate material changes or significant events beyond standard corporate disclosures.
What should investors do after reading MATTHEWS INTERNATIONAL CORP's DEF 14A?
Review the executive compensation and shareholder proposals within this DEF 14A filing to understand potential impacts on corporate governance and shareholder value. The overall sentiment from this filing is neutral.
How does MATTHEWS INTERNATIONAL CORP compare to its industry peers?
Matthews International Corp operates in the Nonferrous Foundries (Castings) industry, classified under SIC code 3360.
Are there regulatory concerns for MATTHEWS INTERNATIONAL CORP?
This filing is a DEF 14A, which is a proxy statement required under the Securities Exchange Act of 1934 for companies soliciting proxies from shareholders.
Industry Context
Matthews International Corp operates in the Nonferrous Foundries (Castings) industry, classified under SIC code 3360.
Regulatory Implications
This filing is a DEF 14A, which is a proxy statement required under the Securities Exchange Act of 1934 for companies soliciting proxies from shareholders.
What Investors Should Do
- Analyze executive compensation details presented in the proxy statement.
- Review shareholder proposals and voting recommendations.
- Note the company's fiscal year end and reporting period for future financial analysis.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard proxy statement and does not inherently represent a change from previous filings of the same type, but provides updated information for the current reporting period.
Filing Stats: 4,537 words · 18 min read · ~15 pages · Grade level 15.3 · Accepted 2024-01-16 14:43:47
Key Financial Figures
- $1.00 — anding: Class A Common Stock, par value $1.00 per share, referred to as the "Common S
Filing Documents
- matw-20240116.htm (DEF 14A) — 1030KB
- matw-20240116_g1.jpg (GRAPHIC) — 25KB
- matw-20240116_g2.jpg (GRAPHIC) — 32KB
- matw-20240116_g3.jpg (GRAPHIC) — 145KB
- matw-20240116_g4.jpg (GRAPHIC) — 126KB
- matw-20240116_g5.jpg (GRAPHIC) — 120KB
- matw-20240116_g6.jpg (GRAPHIC) — 517KB
- matw-20240116_g7.jpg (GRAPHIC) — 290KB
- 0000063296-24-000002.txt ( ) — 4700KB
- matw-20240116.xsd (EX-101.SCH) — 4KB
- matw-20240116_def.xml (EX-101.DEF) — 6KB
- matw-20240116_lab.xml (EX-101.LAB) — 9KB
- matw-20240116_pre.xml (EX-101.PRE) — 5KB
- matw-20240116_htm.xml (XML) — 166KB
Executive Compensation and Retirement Benefits
Executive Compensation and Retirement Benefits 24 Compensation Committee Report 24 Compensation Discussion and Analysis 24 Annual Compensation of the Named Executive Officers 41 Summary Compensation Table 41 Grants of Plan-Based Awards Table 42 Outstanding Equity Awards at Fiscal Year-End Table 43 Stock Vested Table 44 Retirement Benefits 44 CEO Pay Ratio 44 Potential Payments Upon Termination or Change in Control 45 Pay Versus Performance ( " PVP") 47 Audit Committee Matters 51 Report of the Audit Committee 51 Relationship with Independent Registered Public Accounting Firm 52 Certain Transactions with Related Persons 53 Delinquent Section 16(a) Reports 53 Shareholders Sharing the Same Address 53 Shareholder Proposals and Director Nominations for the 2025 Annual Meeting 54 Other Matters 55 Appendix A - Amendment to the Company's Amended and Restated By-Laws 56 Appendix B - Proxy Card 57 Matthews International Corporation Two NorthShore Center Pittsburgh, Pennsylvania 15212 - 5851 1-412-442-8200 Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on February 15, 2024 The Company's 2024 Proxy Statement and the Annual Report to Shareholders for the fiscal year ended September 30, 2023 are available free of charge on the Company's website at http://www.matw.com/investors/sec-filings. You may also obtain copies of the Company's 2024 Proxy Statement and Annual Report, free of charge, by contacting the Company's Investor Relations Department at Matthews International Corporation, Two NorthShore Center, Pittsburgh, Pennsylvania 15212-5851, Attention: Investor Relations, telephone (412) 442-8200. PROXY STATEMENT The accompanying proxy is solicited by the Board of Directors of Matthews International Corporation ("Matthews" or the "Company") whose principal executive offices are located at Two NorthShore Center, Pittsburgh, Pennsylvania 15212. This proxy s