Form 4: Materion Corp Director Prevost Reports Stock Unit Vesting
SEC Form 4
Director Patrick M. Prevost reports the vesting of restricted stock units into Materion Corp common stock.
Summary
- On May 7, 2025, Director Patrick M. Prevost reported the vesting of 1,155 restricted stock units (RSUs) into common stock of Materion Corp.
- These RSUs were part of an award granted on May 10, 2024, and vested on May 7, 2025.
- Following the transaction, Prevost indirectly owns 15,517.011 shares of common stock through a Directors Deferred Compensation Plan.
- On May 8, 2025, Prevost acquired 1,996 restricted stock units.
- These restricted stock units generally vest on the earlier of (1) the first anniversary of the grant date and (2) the next annual meeting of MTRN's shareholders that follows the grant date.
- Following the transaction, Prevost directly owns 1,996 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of stock unit vesting, neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected for corporate directors. It provides transparency into the director's holdings and recent activity in the company's stock.
Stakeholder Impact
- The vesting of stock units could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of restricted stock unit award |
| 05/07/2025 | Date of restricted stock unit vesting |
| 05/08/2025 | Date of restricted stock unit acquisition |
| 05/09/2025 | Date of Form 4 filing |
Keywords
Materion Corp, Director, Form 4, Stock Units, Vesting, MTRN, Prevost
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