Form 4: Materion Corp Director Robert J. Phillippy Reports Stock Transactions
SEC Form 4
Director Robert J. Phillippy reports acquisition and disposal of Materion Corp common stock and restricted stock units.
Summary
- Robert J. Phillippy, a director of Materion Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 7, 2025, Phillippy disposed of 1,155 shares of common stock.
- These shares were issued pursuant to the vesting of a restricted stock unit award made on May 10, 2024, that vested on May 7, 2025.
- Phillippy also indirectly owns 11,966.376 shares held in a Directors Deferred Compensation Plan.
- On May 8, 2025, Phillippy acquired 1,996 restricted stock units.
- Following the reported transactions, Phillippy directly owns 1,996 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may provide shareholders with insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of restricted stock unit award that vested on May 7, 2025 |
| 05/07/2025 | Date of common stock disposal (1,155 shares) due to vesting of restricted stock units |
| 05/07/2025 | Date of restricted stock unit vesting |
| 05/08/2025 | Date of restricted stock unit acquisition (1,996 units) |
| 05/09/2025 | Date of Form 4 filing |
Keywords
Form 4, Materion Corp, MTRN, Robert J. Phillippy, Beneficial Ownership, Stock Transaction, Restricted Stock Units, Director, Securities
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