Form 4: Materion Corp Director Emily M Liggett Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4 Filing
Director Emily M Liggett reported the acquisition of common stock and restricted stock units in Materion Corp on June 7, 2024, according to a Form 4 filing with the SEC.
Summary
- On June 7, 2024, Emily M Liggett, a director of Materion Corp, reported acquiring 1.547 shares of common stock at $0 and 1 restricted stock unit.
- Following the transaction, Liggett directly owns 1,151 derivative securities and indirectly owns 1,259.022 shares of common stock held in the Directors Deferred Compensation Plan.
- Liggett also disposed of 2,621 shares of common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it primarily reflects routine transactions by a company director. The acquisition of shares is mildly positive, while the disposal of shares is mildly negative, balancing each other out.
Positives
- The acquisition of shares by a director could be interpreted as a positive signal about the director's confidence in the company's future prospects.
Negatives
- The disposal of 2,621 shares of common stock by the director could be interpreted as a negative signal.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction for common stock and restricted stock units acquisition/disposal |
| 06/10/2024 | Date of signature for the Form 4 filing |
| May 10, 2025 | Earliest vesting date for restricted stock units |
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