Form 4: Materion Corp CFO Reports Stock Transactions
SEC Form 4 Filing
Materion Corp's CFO, Shelly Marie Chadwick, reported the acquisition of 5 shares and the disposal of 3 shares of common stock, along with the acquisition of 15 restricted stock units.
Summary
- Shelly Marie Chadwick, the Vice President of Finance and CFO of Materion Corp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On December 6, 2024, Ms. Chadwick acquired 5 shares of common stock at $0 and disposed of 3 shares at a price of $110.97.
- She also acquired 15 restricted stock units, which represent the right to receive one share of MTRN common stock each.
- These restricted stock units were acquired upon the reinvestment of dividend equivalents and will vest at the same time as the restricted stock units to which they relate.
- Following these transactions, Ms. Chadwick directly owns 15,437 shares of common stock and 8,493 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of transactions.
Industry Context
This is a routine filing related to insider trading and is common for executives of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The transactions reported are typical for executives who receive stock-based compensation and may periodically sell shares for personal financial management.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are routine and do not indicate any significant change in the company's financial health or management's confidence.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | Date of the stock and restricted stock unit transactions. |
| 12/10/2024 | Date the Form 4 was signed. |
Keywords
Materion Corp, MTRN, Form 4, insider trading, stock transaction, restricted stock units, beneficial ownership, Shelly Marie Chadwick, CFO
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