Form 4: Materion Corp Director Prevost Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Patrick M. Prevost acquired 274 shares of Materion Corp common stock at $75.16 per share through a director's deferred compensation plan on April 4, 2025.
Summary
- On April 4, 2025, Patrick M. Prevost, a director of Materion Corp, acquired 274 shares of common stock.
- The shares were acquired at a price of $75.16 per share.
- The acquisition was made through a director's deferred compensation plan.
- Following the transaction, Prevost beneficially owns 14,362.011 shares indirectly through the deferred compensation plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction. The director's participation in the deferred compensation plan could be seen as a slightly positive signal.
Positives
- The director's participation in the deferred compensation plan demonstrates a commitment to the company's long-term success.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a relatively small acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of transaction: Patrick M. Prevost acquired shares of Materion Corp. |
| 04/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Materion Corp, Director, Share Acquisition, Deferred Compensation Plan, MTRN, Insider Transaction
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