Form 4: Materion Corp Director Prevost Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Patrick M. Prevost acquired 212 shares of Materion Corp common stock through the Directors Deferred Compensation Plan on January 7, 2025.
Summary
- On January 7, 2025, Patrick M. Prevost, a director of Materion Corp, acquired 212 shares of common stock.
- The acquisition was made through the Directors Deferred Compensation Plan.
- The price per share was $96.89.
- Following the transaction, Prevost beneficially owns 14,066.231 shares held indirectly in the Directors Deferred Comp. Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- The transaction provides shareholders with information about insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of transaction: Acquisition of Materion Corp common stock. |
| 01/08/2025 | Date of signature of the Form 4 filing. |
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