Director John D. Chandler filed a Form 4 with the SEC on November 4, 2026, disclosing the acquisition of 10,325 restricted stock units in Matrix Service Co on November 3, 2026, at no cost.

Key Highlights

  • Reporting person: John D. Chandler, identified in the filing as a Director of Matrix Service Co (NASDAQ:MTRX).
  • Transaction: Acquisition of 10,325 restricted stock units (RSUs) on November 3, 2026, 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, Chandler directly beneficially owns 96,364 shares of Matrix Service Co common stock.
  • RSU structure: 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, according to the filing.

John D. Chandler's RSU Grant at Matrix Service Co

According to the Form 4 filed on November 4, 2026, John D. Chandler, 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" (acquisition) and carried a price of $0, consistent with an RSU award granted rather than purchased on the open market.

The filing states that each restricted stock 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." For this particular grant, the filing specifies that "100% will vest on the first anniversary date." The RSUs are reported under Table I as non-derivative securities acquired directly by the reporting person.

Following the reported transaction, Chandler's direct beneficial ownership of Matrix Service Co common stock stands at 96,364 shares, as disclosed in the filing. The filing was signed by John D. Chandler on November 4, 2026, and was submitted as an individual filing by one reporting person.

What Was Disclosed

The filing disclosed a director-level RSU grant of 10,325 units at no cost to John D. Chandler on November 3, 2026, with full vesting on the first anniversary, bringing his total direct beneficial ownership to 96,364 shares of Matrix Service Co common stock.