Cavanah Kevin S

Insider trading profile for Cavanah Kevin S at Matrix Service Company (MTRX) -- 166 transactions spanning 2007-10-22 to 2026-06-15. 252,945 shares sold, zero discretionary acquisitions. Pattern: recent window shows M-code (vesting) events: 2025-08-30 (4,569 + 3,834 = 8,403), 2025-08-29 (6,176), 2025-08-27 (4,307 + 12,035 A-code acquisition). F-code (fee/tax) events: 2025-08-30 (15,599 + 1,587 = 17,186 at $15.13); 2025-08-29 (2,146 at $15.13); 2025-08-27 (1,597 at $15.37); 2024-08-30 (2,521 at $9.96). D-code (dividend-reinvestment) events: 2025-08-30 (4,569 + 3,834 at $15.13); 2025-08-29 (6,176 at $15.13); 2025-08-27 (4,307 at $15.37). A-code acquisitions: 2025-08-27 (12,035 shares, null); 2026-06-12/15 S-code sells at $14.00-$14.03. The pattern is dominated by derivative mechanics (M/F/D codes) that net to zero or near-zero economic change. The S-code sells are small (1,418-2,073 shares) at $14.00-$14.03 in June 2026. MTRX (oilfield services/construction) trades in the $14-$15 range. The insider has been systematically reducing holdings since 2007 through a combination of vesting, fee events, and small open-market sells. Mixed read: the mechanical nature of most transactions (M/F/D codes representing vesting + tax + dividend) means the conviction signal is weak. The June 2026 S-code sells at $14.00-$14.03 are meaningful but small. Net: mixed leaning bearish -- 18+ year sell bias with no discretionary accumulation.