Form 4: Materion Corp Director Reddy N Mohan Reports Acquisition of Common Stock and Restricted Stock Units

Director Reddy N Mohan reports acquiring common stock and restricted stock units in Materion Corp through dividend reinvestment and grant.

Summary

• On September 6, 2024, Reddy N Mohan, a director of Materion Corp, acquired 57.486 shares of common stock through dividend reinvestment at $0 per share.
• Following this transaction, Reddy N Mohan directly owns 1,152 restricted stock units and indirectly owns 44,851.951 shares of common stock held in a Directors Deferred Compensation Plan.
• Reddy N Mohan also acquired 1 restricted stock unit upon the reinvestment of dividend equivalents, which will vest at the same time as the restricted stock units to which they relate (earlier of May 10, 2025 and the date of the next annual meeting of MTRN's shareholders).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisitions by a director, primarily through dividend reinvestment. This suggests a degree of confidence but isn't a major event.

Positives

• Director Reddy N Mohan's acquisition of shares through dividend reinvestment signals confidence in the company's future.

Future Outlook

The restricted stock units will vest at the same time as the restricted stock units to which they relate (earlier of May 10, 2025 and the date of the next annual meeting of MTRN's shareholders).

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's confidence in the company.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates