Form 4: Materion Corp CFO Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Shelly Marie Chadwick, Vice President, Finance & CFO of Materion Corp, sold 805 shares of common stock at $101.24 per share on January 31, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On January 31, 2025, Shelly Marie Chadwick, the Vice President, Finance & CFO of Materion Corp, sold 805 shares of the company's common stock.
- The sale was executed at a price of $101.24 per share.
- Following the transaction, Chadwick directly owns 14,632 shares of Materion Corp.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on November 1, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was part of a pre-planned trading plan and doesn't inherently indicate a positive or negative outlook.
Industry Context
Insider sales, especially those executed under 10b5-1 plans, are common and legal. They are often pre-planned and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The sale of shares by a company executive could cause short term uncertainty among shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024-11-01 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| 2025-01-31 | Date of the transaction (sale of shares) |
| 2025-02-04 | Date of signature on the Form 4 filing |
Keywords
Materion Corp, MTRN, Shelly Marie Chadwick, Form 4, insider trading, 10b5-1 plan, stock sale, CFO
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