Form 4: Materion Director Sells Shares Under 10b5-1 Plan

Materion Corp. Director N. Mohan Reddy sold 1,155 shares of common stock for approximately $105.45 per share.

Summary

• N. Mohan Reddy, a Director of Materion Corp. (MTRN), sold 1,155 shares of the company's common stock.
• The transaction occurred on August 11, 2025.
• The shares were sold at a weighted average price of $105.4531 per share, with individual transaction prices ranging from $105.3100 to $105.5700.
• This sale was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.
• Following this transaction, Reddy directly holds 0 shares of common stock.
• Reddy continues to indirectly hold 45,054.677 shares of common stock through a Directors Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: Neutral. While a director sale can be a slight negative, the small amount relative to total holdings and the execution under a 10b5-1 plan suggest it's a routine, pre-planned transaction for personal financial management rather than a signal of lack of confidence.

Negatives

• A director selling shares, even if pre-planned, can be perceived as a slight negative signal regarding their confidence in the company's near-term prospects.
• The direct beneficial ownership of common stock by the reporting person is now 0 shares.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• N. Mohan Reddy, a Director of Materion Corp., sold 1,155 shares of common stock to the market. This transaction is considered a related party transaction as it involves a company insider.

Stakeholder Impact

• Shareholders: May interpret the director's sale as a slight negative signal, though the small volume and 10b5-1 plan mitigate this concern.

Key Dates

Recommendation

The sale by Director N. Mohan Reddy is a relatively small transaction executed under a pre-planned 10b5-1 program, which typically indicates a routine liquidity or diversification event rather than a bearish signal on the company's fundamentals. While insider sales can sometimes be a negative indicator, the context of a 10b5-1 plan and the limited volume suggest no immediate change in investment thesis is warranted based solely on this filing. Investors should continue to hold and monitor broader company performance and market conditions.

Keywords

Materion Corp, MTRN, N. Mohan Reddy, Director, Stock Sale, Insider Trading, SEC Form 4, 10b5-1 plan, Common Stock