Form 4: Materion Corp CFO Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Shelly Marie Chadwick, Vice President, Finance & CFO of Materion Corp, sold 1,256 shares of common stock at $86.07 per share under a pre-arranged 10b5-1 trading plan.
Summary
- On March 4, 2025, Shelly Marie Chadwick, the Vice President, Finance & CFO of Materion Corp, sold 1,256 shares of Materion Corp common stock.
- The sale was executed at a price of $86.07 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 1, 2024.
- Following the transaction, Chadwick directly owns 17,805 shares of Materion Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale under a pre-arranged trading plan. It doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Future Outlook
There is no future outlook provided in this document.
Industry Context
This is a routine disclosure of an insider transaction. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-11-01 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-03-04 | Date of transaction (sale of shares) |
| 2025-03-06 | Date of signature on the Form 4 filing |
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