Director Jose Luis M. Bustamante filed a Form 4 with the SEC on November 4, 2026, reporting the acquisition of 10,325 restricted stock units in Matrix Service Co on November 3, 2026, at no cost.

Key Highlights

  • Reporting person: Jose Luis M. Bustamante, identified as a Director of Matrix Service Co (NASDAQ:MTRX).
  • Transaction: Acquisition of 10,325 restricted stock units (RSUs) on November 3, 2026, coded "A" (acquired) at a price of $0.
  • Vesting schedule: According to the filing, 100% of the RSUs will vest on the first anniversary date of the grant.
  • Post-transaction ownership: Following the transaction, Bustamante directly beneficially owns 51,949 shares of Matrix Service Company Common Stock.
  • RSU terms: Each unit will entitle the reporting person to one share of Matrix Service Company Common Stock if and when the conditions of the restriction have been satisfied.

Matrix Service Director Bustamante Granted RSUs in November 2026

According to the Form 4 filed on November 4, 2026, Jose Luis M. Bustamante, a director of Matrix Service Co (NASDAQ:MTRX), acquired 10,325 restricted stock units on November 3, 2026. The transaction was recorded with a transaction code of "A" and a price of $0, indicating the RSUs were granted rather than purchased on the open market.

The filing discloses that each RSU will entitle the reporting person to one share of Matrix Service Company Common Stock "if and when the conditions of the restriction have been satisfied." For this particular grant, the filing states that "100% will vest on the first anniversary date," meaning the full award is subject to a one-year cliff vesting schedule. No derivative securities were reported in Table II of the filing.

Following the reported transaction, Bustamante's direct beneficial ownership of Matrix Service Company Common Stock stands at 51,949 shares, as disclosed in the filing. The Form 4 was filed by one reporting person and is not an amendment to a prior filing. The form was signed by Jose Luis Martin de Bustamante on November 4, 2026.

What Was Disclosed

Matrix Service Co director Jose Luis M. Bustamante reported receiving 10,325 RSUs on November 3, 2026, at no cost, with 100% vesting on the first anniversary date, bringing his total direct beneficial ownership to 51,949 shares.