Form 4: Materion Corp Director Prevost Acquires Shares Through Deferred Compensation Plan

Director Patrick M. Prevost acquired 162 shares of Materion Corp (MTRN) common stock through the Directors Deferred Compensation Plan on April 4, 2024.

Summary

• On April 4, 2024, Patrick M. Prevost, a director of Materion Corp (MTRN), acquired 162 shares of common stock.
• The shares were acquired through the Directors Deferred Compensation Plan.
• The price per share was $127.08.
• Following the transaction, Prevost indirectly owns 12,245.569 shares held in the Directors Deferred Comp. Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The director's participation in the deferred compensation plan demonstrates a commitment to the company's long-term success.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, such as directors and officers, trade their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates