Form 4: Materion Corp Director Vinod M Khilnani Reports Changes in Beneficial Ownership
SEC Form 4
Director Vinod M Khilnani reports acquisition and disposal of Materion Corp stock and restricted stock units.
Summary
- On March 7, 2025, Director Vinod M Khilnani reported changes in beneficial ownership of Materion Corp [MTRN] stock.
- Khilnani acquired 28.996 shares of common stock at $0, and disposed of 17,665 shares of common stock.
- Following the transaction, Khilnani directly owns 1,155 restricted stock units and indirectly owns 18,755.552 shares of common stock held in the Directors Deferred Compensation Plan.
- The report also details the acquisition of 2 restricted stock units 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: 5
Explanation: This is a neutral report on insider trading activity, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The report provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction for common stock and restricted stock units. |
| 03/11/2025 | Date of signature for the report. |
| 05/10/2025 | Earliest vesting date for restricted stock units. |
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