Form 4: Materion Corp Director Craig S. Shular Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4 Filing
Director Craig S. Shular reported the acquisition of common stock and restricted stock units in Materion Corp on September 6, 2024.
Summary
- On September 6, 2024, Craig S. Shular, a director of Materion Corp, reported acquiring 63.577 shares of common stock at $0.00 per share.
- Shular also acquired 1 restricted stock unit, representing the right to receive one share of MTRN common stock.
- Following these transactions, Shular directly owns 5,908.972 shares of common stock and indirectly owns 49,604.644 shares held in a Directors Deferred Compensation Plan.
- Shular also directly owns 1,152 restricted stock units.
- The restricted stock units were acquired upon the reinvestment of dividend equivalents and will vest on the earlier of May 10, 2025, and the date of the next annual meeting of MTRN's shareholders.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The reported transactions provide shareholders with insights into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of the transaction involving the acquisition of common stock and restricted stock units. |
| 09/10/2024 | Date of signature on the Form 4 filing. |
| May 10, 2025 | One of the dates on which the restricted stock units will vest. |
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