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, 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
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: acquisition of common stock and restricted stock units. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
| 05/18/2024 | Restricted 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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