Form 4: Materion Corp Director Craig S. Shular Reports Stock Transactions
SEC Form 4 Filing
Director Craig S. Shular reports acquisition of Materion Corp stock through vesting of restricted stock units.
Summary
- Craig S. Shular, a director of Materion Corp, reported transactions involving the company's stock.
- On May 9, 2024, 1,152 shares of common stock were acquired through the vesting of restricted stock units.
- These shares were issued pursuant to a restricted stock unit award made on May 18, 2023, which vested on May 9, 2024.
- Shular also directly owns 5,908.972 shares of Materion Corp common stock.
- As of May 9, 2024, Shular indirectly owns 49,263.53 shares held in a director's deferred compensation plan.
- On May 10, 2024, Shular acquired 1,150 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Positives
- The vesting of restricted stock units indicates a positive performance evaluation for the director.
- The director's continued holding of a significant number of shares suggests confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/18/2023 | Date of restricted stock unit award |
| 05/09/2024 | Vesting date of 1,152 restricted stock units and acquisition of common stock |
| 05/10/2024 | Acquisition of 1,150 restricted stock units |
| 05/13/2024 | Date of signature for the Form 4 filing |
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