Form 4: Materion Corp: CFO Shelly Chadwick Reports Stock Transactions
SEC Form 4 Filing
Shelly Marie Chadwick, Vice President, Finance & CFO of Materion Corp, reports the acquisition and disposal of common stock and restricted stock units on March 1, 2024.
Summary
- On March 1, 2024, Shelly Marie Chadwick, the Vice President, Finance & CFO of Materion Corp, reported transactions involving Materion Corp's common stock and restricted stock units.
- Chadwick acquired 2,251 shares of common stock through the vesting of restricted stock units.
- She also disposed of 1,001 shares of common stock at a price of $135.58.
- Following these transactions, Chadwick directly owns 14,197 shares of Materion Corp common stock and 9,221 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting or increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date of restricted stock units grant that vest in three equal installments |
| 03/01/2023 | Date of restricted stock units grant that vest in three equal installments |
| 03/01/2024 | Date of the reported transactions: acquisition of 2,251 shares via vesting of restricted stock units and disposal of 1,001 shares at $135.58. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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