Form 4: Materion Director Increases Stake Through Deferred Compensation and RSU Reinvestment
Insider Transaction Report
Materion Corp. Director Patrick M. Prevost reported an increase in his beneficial ownership of company common stock and restricted stock units through dividend reinvestment and a deferred compensation plan.
Summary
- Patrick M. Prevost, a Director of Materion Corp. (MTRN), reported changes in his beneficial ownership via a Form 4 filing.
- On June 13, 2025, Mr. Prevost acquired 27.238 shares of Common Stock at a price of $0, which are held indirectly in a Directors Deferred Compensation Plan.
- Following this transaction, his indirect beneficial ownership of Common Stock totals 15,544.249 shares.
- Also on June 13, 2025, he acquired 4 Restricted Stock Units (RSUs) at a price of $0.
- These 4 RSUs were acquired upon the reinvestment of dividend equivalents.
- The 4 acquired RSUs will vest on the earlier of May 8, 2026, or the date of Materion's next annual meeting of shareholders.
- His direct beneficial ownership of Restricted Stock Units is 2,000 units.
Sentiment
Score: 7
Explanation: The filing indicates a director's increased beneficial ownership in the company, primarily through dividend reinvestment and deferred compensation, which is generally viewed positively as it aligns insider interests with shareholders.
Positives
- Director Patrick M. Prevost increased his beneficial ownership in Materion Corp., indicating continued alignment with shareholder interests.
- The acquisition of shares and restricted stock units through dividend reinvestment suggests a long-term commitment to the company by the director.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Increased beneficial ownership by a director can be seen as a positive signal of confidence in the company's future and aligns insider interests with those of shareholders.
Next Steps
- Vesting of 4 Restricted Stock Units on the earlier of May 8, 2026, or the date of Materion's next annual meeting of shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/13/2025 | Date of earliest transaction, involving the acquisition of common stock and restricted stock units. |
| 06/17/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
| 05/08/2026 | Earliest vesting date for the acquired restricted stock units. |
Recommendation
holdKeywords
Materion, MTRN, SEC Form 4, insider transaction, director ownership, stock acquisition, restricted stock units, dividend reinvestment, corporate governance
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