2026-05-26
low
Kevin S Cavanah
Sell
VP Finance & CFO
60,000 shares
$773,820
@ $12.90
Significance
3/10
CFO Kevin S Cavanah sells 60,000 shares of MTRX at $12.90 via pre-arranged 10b5-1 plan
Kevin S Cavanah, VP Finance & CFO, executed a sale of 60,000 shares at $12.90 on 2026-05-26 under a pre-arranged 10b5-1 trading plan adopted on 2026-02-23, reducing his holdings from 207,113 shares to 147,113 shares. The transaction is scheduled rather than discretionary. Matrix Service's fundamentals remain challenged: the company reported net income of $835,000.00 against quarterly revenue of $206,709,000.00 and was unprofitable over its most recent full fiscal year, though annual revenue growth reached +5.6%. The current stock price of $13.10 sits -18.6% from the 52-week high of $16.10, within the 52-week range of $9.88–$16.10.