MTRN.NYSEMaterion CORP

Form 4: Materion Corp Director Emily M. Liggett Reports Acquisition of Common Stock and Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Emily M. Liggett reports acquiring common stock and restricted stock units in Materion Corp through a dividend reinvestment and grant.

Summary

  • On September 6, 2024, Emily M. Liggett, a director of Materion Corp, acquired 1.618 shares of common stock through dividend reinvestment at a price of $0.
  • Following this transaction, Liggett directly owns 2,621 shares of Materion Corp common stock.
  • Liggett also indirectly owns 1,260.64 shares held in a Directors Deferred Compensation Plan.
  • Additionally, Liggett acquired 1 restricted stock unit, representing the right to receive one share of MTRN common stock, through reinvestment of dividend equivalents.
  • These restricted stock units will vest on the earlier of May 10, 2025, and the date of the next annual meeting of MTRN's shareholders.
  • Following the transaction, Liggett directly owns 1,152 restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard insider transactions related to compensation and dividend reinvestment, indicating confidence in the company's future.

Positives

  • The acquisition of shares through dividend reinvestment indicates a continued investment and alignment with the company's performance.

Future Outlook

The restricted stock units will vest on the earlier of May 10, 2025, and the date of the next annual meeting of MTRN's shareholders.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The report provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
09/06/2024Date of transaction: Acquisition of common stock and restricted stock units.
09/10/2024Date of signature of the Form 4 filing.
May 10, 2025Earliest vesting date for the acquired restricted stock units.

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