MTRN.NYSEMaterion CORP

Form 4: Materion Corp Director Craig S. Shular Reports Stock Transactions

Sentiment:

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

DateDescription
05/18/2023Date of restricted stock unit award
05/09/2024Vesting date of 1,152 restricted stock units and acquisition of common stock
05/10/2024Acquisition of 1,150 restricted stock units
05/13/2024Date of signature for the Form 4 filing

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