Form 4: Materion Corp Director Robert B. Toth Reports Stock Transactions
SEC Form 4
Director Robert B. Toth reports acquisition and disposal of Materion Corp common stock and restricted stock units.
Summary
- On May 9, 2024, Director Robert B. Toth acquired 1,152 shares of Materion Corp common stock through the vesting of restricted stock units.
- Following this transaction, Toth directly owns 25,671 shares of common stock.
- Additionally, on May 10, 2024, Toth acquired 1,150 restricted stock units.
- Each restricted stock unit represents the right to receive one share of MTRN common stock.
- The restricted stock units generally vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of MTRN's shareholders following the grant date.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | 1,152 shares of common stock acquired through vesting of restricted stock units. |
| 05/10/2024 | 1,150 restricted stock units acquired. |
| 05/13/2024 | Date of signature by Attorney-In-Fact. |
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