MATERION director sells 3,500 shares of stock
MATERION Corp director Robert J. Phillippy reported net sales of 3,500 shares of Common Stock on May 29, 2026.
Rhea-AI Filing Summary
MATERION Corp director Robert J. Phillippy reported net sales of 3,500 shares of Common Stock on May 29, 2026. The Form 4 shows multiple open-market sales at weighted average prices, with transaction prices ranging from $217.345 to $220.480 per share across the reported trades.
In addition to his directly held shares, Phillippy has an indirect interest in 12,027.253 shares held in a Directors Deferred Compensation Plan, as of the same date. No option exercises or derivative transactions are reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares
Net Sell
5 txns
Insider
PHILLIPPY ROBERT J
Role
Director
Sold
3,500 shs ($765K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,320 | $217.668 | $287K |
| Sale | Common Stock | 1,084 | $218.594 | $237K |
| Sale | Common Stock | 740 | $219.54 | $162K |
| Sale | Common Stock | 356 | $220.299 | $78K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,664 shares (Direct);
Common Stock — 12,027.253 shares (Indirect, Held in Directors Deferred Compensation Plan)
Footnotes (5)
- 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 (5) of this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.345 to $217.920, inclusive.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.160 to $218.925, inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.310 to $219.920, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.150 to $220.480, inclusive.
Key Figures
Shares sold: 3,500 shares
Price range (low): $217.345/share
Price range (high): $220.480/share
+3 more
6 metrics
Shares sold
3,500 shares
Total Common Stock sold on May 29, 2026
Price range (low)
$217.345/share
Lowest trade price within reported weighted ranges
Price range (high)
$220.480/share
Highest trade price within reported weighted ranges
Single reported weighted price
$220.299/share
Weighted average price for a 356-share sale
Indirect holdings
12,027.253 shares
Held in Directors Deferred Compensation Plan as of May 29, 2026
Net share change
-3,500 shares
Net-buy/sell shares from transaction summary
Key Terms
open-market sale, weighted average price, Directors Deferred Compensation Plan, net-sell
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
Directors Deferred Compensation Plan financial
"nature_of_ownership": "Held in Directors Deferred Compensation Plan""
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
net-sell financial
""netBuySellDirection": "net-sell""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MATERION Corp (MTRN) report for Robert J. Phillippy?
MATERION Corp reported that director Robert J. Phillippy sold 3,500 shares of Common Stock in open-market transactions on May 29, 2026. These sales are detailed across several price tranches in the Form 4 filing with the Securities and Exchange Commission.
Were any derivatives or stock options involved in this MTRN Form 4 filing?
No derivative transactions or option exercises are reported in this Form 4. All listed trades involve MATERION Corp Common Stock, and the derivative section in the filing’s summary shows zero derivative transactions and zero exercised derivative shares.
How does the Form 4 describe the nature of Robert J. Phillippy’s indirect MTRN holdings?
The filing describes his indirect holdings as “Held in Directors Deferred Compensation Plan.” This means 12,027.253 shares of MATERION Corp Common Stock are credited within that plan structure, separate from any shares he holds directly in his own name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
