Monitor the upcoming 10-Q filing and earnings call around November 6, 2026, for any guidance updates or strategic shifts under the new CFO. No immediate trading catalyst.
Price Chart
Executive Summary
Matrix Service Company appointed Dominic A. Savarino as Senior Vice President and CFO, effective November 6, 2026. Mr. Savarino, a CPA with prior CFO experience at Diamond Offshore Drilling, will receive a $500,000 base salary, a target bonus of 75% of salary, and a $450,000 special equity grant. This is a routine executive appointment with no material financial impact.
Key Facts
- Dominic A. Savarino appointed SVP and CFO effective November 6, 2026.
- Annual base salary of $500,000; target bonus of 75% of base salary.
- Special one-time equity grant valued at $450,000 (50% RSUs, 50% performance shares).
- Eligible for annual equity grants equal to 140% of base salary starting August 2027.
- Severance: 1.5x base salary (non-CIC); 2x base salary + target bonus (CIC).
Financial Impact
No material financial impact; executive compensation package is standard for a public company CFO hire.
Risk Factors
- No financial data or guidance provided in this filing; risk of future underperformance is not addressed.
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000866273-26-000067 |
| Document: mtrx-20261019.htm | 0000866273-26-000067 |
| Document: savarinocfoannouncementpre.htm | 0000866273-26-000067 |
| Document: 0000866273-26-000067-index-headers.html | 0000866273-26-000067 |
| Document: 0000866273-26-000067-index.html | 0000866273-26-000067 |
| Document: 0000866273-26-000067.txt | 0000866273-26-000067 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $10.09 | awaiting T+20 | — | $9.71 (−3.77%) |
Oct 19, 2026 7d ago | Press Release | $10.09 | awaiting T+20 | — | $9.71 (−3.77%) |
Sep 2, 2026 7w ago | Press Release | $10.55 $10.28 | ▲ +2.56% | ▲ +1.37% | $9.71 (+7.96%) |
Aug 18, 2026 9w ago | Press Release | $11.43 $9.95 | ▼ −12.95% | ▼ −11.00% | $9.71 (−15.05%) |
Jun 15, 2026 19w ago | Insider Cluster | $13.90 $12.29 | ▼ −11.58% | ▼ −10.83% | $9.71 (−30.14%) |
Jun 14, 2026 19w ago | Institutional Cluster | $13.90 $12.29 | ▼ −11.58% | ▼ −10.83% | $9.71 (−30.14%) |
Jun 12, 2026 19w ago | Institutional Cluster | $13.71 $12.49 | ▼ −8.90% | ▼ −10.68% | $9.71 (−29.18%) |
Jun 11, 2026 19w ago | Institutional Cluster | $13.47 $12.75 | ▲ +5.35% | ▲ +7.24% | $9.71 (+27.91%) |
Apr 21, 2026 26w ago | Press Release | $12.02 $12.16 | ▲ +1.16% | ▼ −2.00% | $9.71 (−19.22%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers