STOCK TITAN

Materion Corp (MTRN) CEO exercises 24,594 rights and sells 24,336 shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

MATERION Corp President and CEO Jugal K. Vijayvargiya exercised 24,594 Stock Appreciation Rights, converting them into an equal number of common shares at an exercise price of $68.82 per share. On the same date, 13,146 shares of common stock were delivered or withheld for payment of exercise price or tax liability at $296.00 per share. Vijayvargiya also reported open-market sales totaling 24,336 common shares at weighted-average prices within ranges generally between the high $287 and mid $296 per share. Post-transaction common share holdings are not specified in this report.

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Insights

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Insider Vijayvargiya Jugal K.
Role President and CEO
Sold 24,336 shs ($7.10M)
Approx. gross sale proceeds $7.10M
Approx. exercise cost $1.69M
Type Security Shares Price Value
Exercise Stock Appreciation Rights F10 24,594 $0.00 $0.00
Exercise Common Stock 24,594 $68.82 $1.69M
Exercise Price or Tax Liability Common Stock 13,146 $296.00 $3.89M
Sale Common Stock F1, F2 1,375 $287.668 $396K
Sale Common Stock F1, F3 287 $288.288 $83K
Sale Common Stock F1, F4 11,174 $290.123 $3.24M
Sale Common Stock F1, F5 3,745 $292.462 $1.10M
Sale Common Stock F1, F6 2,337 $293.645 $686K
Sale Common Stock F1, F7 4,865 $294.448 $1.43M
Sale Common Stock F1, F8 286 $295.17 $84K
Sale Common Stock F1, F9 267 $293.244 $78K
Holdings After Transaction: Stock Appreciation Rights — 0 shares (Direct); Common Stock — 116,699 shares (Direct)
Footnotes (10)
  1. F1. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (9) of this Form 4.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.330 to $287.970, inclusive.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.030 to $288.415, inclusive.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.000 to $290.700, inclusive.
  5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.460 to $292.615, inclusive.
  6. F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.150 to $293.980, inclusive.
  7. F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.000 to $294.910, inclusive.
  8. F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.000 to $295.450, inclusive.
  9. F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.000 to $296.560, inclusive.
  10. F10. The Stock Appreciation Rights vest in three substantially equal annual installments beginning February 17, 2022.
Stock Appreciation Rights Exercised 24,594 rights Exercised into common stock at $68.82 per share on 2026-08-07
Exercise Price $68.82 per share Conversion of 24,594 Stock Appreciation Rights into common stock
Shares Delivered/Withheld (Code F) 13,146 shares at $296.00 Payment of exercise price or tax liability by delivering or withholding securities
Common Shares Sold 24,336 shares Total open-market sales reported across multiple S-coded transactions
Sale Price Range Example $287.330–$287.970 per share Weighted-average sale price range for one sale group described in footnote F2
Highest Stated Sale Range $296.000–$296.560 per share Weighted-average price range for one sale group described in footnote F9
SAR Expiration Date February 17, 2028 Expiration date of the exercised Stock Appreciation Rights grant
Stock Appreciation Rights financial
"The Stock Appreciation Rights vest in three substantially equal annual installments"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
exercise or conversion of derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"

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FAQ

What did MTRN CEO Jugal K. Vijayvargiya report in this Form 4?

Jugal K. Vijayvargiya reported exercising 24,594 Stock Appreciation Rights at $68.82 per share, related share withholding of 13,146 shares, and open-market sales totaling 24,336 common shares at weighted-average prices in the high-$280s to mid-$290s.

How many Materion (MTRN) Stock Appreciation Rights were exercised?

Vijayvargiya exercised 24,594 Stock Appreciation Rights, converting them into 24,594 shares of Materion common stock at an exercise price of $68.82 per share, with the rights originally scheduled to expire on February 17, 2028 if unexercised.

How many Materion (MTRN) shares did the CEO sell in the reported transactions?

The CEO reported open-market sales totaling 24,336 shares of Materion common stock. These trades were executed in multiple transactions at weighted-average prices within ranges generally between about $287.33 and $296.56 per share.

What does the code F transaction mean in this Materion (MTRN) Form 4?

The code F transaction covers 13,146 shares of common stock delivered or withheld at $296.00 per share for payment of exercise price or tax liability, in connection with the derivative exercise, rather than an additional discretionary market sale.

Were the Materion (MTRN) CEO’s reported share sale prices fixed or in ranges?

The reported sale prices are weighted average prices. Footnotes state the shares were sold in multiple trades within specified price ranges, such as $287.330–$287.970 and ranges up to $296.000–$296.560 per share.

Does this Materion (MTRN) Form 4 indicate use of a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote describes a trading plan. The reported transactions are therefore not identified here as being executed under a pre-arranged Rule 10b5-1 plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Vijayvargiya Jugal K.

(Last)(First)(Middle)
6070 PARKLAND BLVD.

(Street)
MAYFIELD HEIGHTS OHIO 44124

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MATERION Corp [ MTRN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/07/2026M24,594A$68.82154,181D
Common Stock08/07/2026F13,146D$296141,035D
Common Stock08/07/2026S1,375D$287.668(1)(2)139,660D
Common Stock08/07/2026S287D$288.288(1)(3)139,373D
Common Stock08/07/2026S11,174D$290.123(1)(4)128,199D
Common Stock08/07/2026S3,745D$292.462(1)(5)124,454D
Common Stock08/07/2026S2,337D$293.645(1)(6)122,117D
Common Stock08/07/2026S4,865D$294.448(1)(7)117,252D
Common Stock08/07/2026S286D$295.17(1)(8)116,966D
Common Stock08/07/2026S267D$293.244(1)(9)116,699D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Appreciation Rights$68.8208/07/2026M24,594 (10)02/17/2028Common Stock24,594$00D
Explanation of Responses:
1. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (9) of this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.330 to $287.970, inclusive.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.030 to $288.415, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.000 to $290.700, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.460 to $292.615, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.150 to $293.980, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.000 to $294.910, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.000 to $295.450, inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.000 to $296.560, inclusive.
10. The Stock Appreciation Rights vest in three substantially equal annual installments beginning February 17, 2022.
Remarks:
/s/Michelle R. Mekinda, as Attorney-In-Fact08/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)