MTRN.NYSEMaterion CORP

Form 4: Materion Corp Director Craig S. Shular Reports Acquisition of Common Stock and Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Craig S. Shular reported the acquisition of common stock and restricted stock units in Materion Corp, including shares held indirectly in a deferred compensation plan.

Summary

  • On March 8, 2024, Craig S. Shular, a director of Materion Corp, reported acquiring 45.761 shares of common stock at an unspecified price.
  • These shares were acquired indirectly through a Directors Deferred Compensation Plan.
  • Shular also acquired 1 restricted stock unit representing a right to receive one share of MTRN common stock.
  • Additionally, 5,908.972 shares of common stock are directly owned.
  • Following the reported transactions, Shular beneficially owns 47,930.53 shares indirectly and 1,152 restricted stock units directly.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing reporting transactions by a company insider.

Positives

  • The acquisition of shares by a director may signal 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.

Stakeholder Impact

  • The reported transactions provide shareholders with insight into the actions of a company director.

Key Dates

DateDescription
03/08/2024Date of transaction: acquisition of common stock and restricted stock units.
03/12/2024Date of signature on the Form 4 filing.
05/18/2024Restricted stock units will vest at the earlier of this date and the date of the next annual meeting of MTRN's shareholders.

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