Form 4: Materion Corp Executive Chemnitz Sells Shares
SEC Form 4
Gregory R. Chemnitz, VP General Counsel & Secretary of Materion Corp, sold 2,000 shares of common stock on November 7, 2024.
Summary
- Gregory R. Chemnitz, VP General Counsel & Secretary of Materion Corp, sold 500 shares of common stock at a weighted average price of $116.67 on November 7, 2024.
- He also sold 1,500 shares of common stock at a weighted average price of $117.866 on the same day.
- Following these transactions, Chemnitz directly owns 12,031 shares of Materion Corp common stock.
- Additionally, he indirectly owns 5,307.069 shares held in a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting the sale of shares by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of stock sale transactions |
| 11/12/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.