Materion (MTRN) CAO granted dividend-equivalent restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fashinpaur Melissa A reported acquisition or exercise transactions in this Form 4 filing.
Materion Corp’s Chief Accounting Officer, Melissa A. Fashinpaur, reported a routine compensation-related transaction. She received 2 restricted stock units through the reinvestment of dividend equivalents, each representing one share of Materion common stock. Following this award, she directly holds 2,237 restricted stock units, which will vest in line with the related awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fashinpaur Melissa A
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,237 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of MTRN common stock. These restricted stock units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the restricted stock units to which they relate. Expiration Date is the same as the Date Exercisable.
FAQ
What insider transaction did Materion (MTRN) report for Melissa A. Fashinpaur?
Materion reported that Chief Accounting Officer Melissa A. Fashinpaur received 2 restricted stock units. These units were acquired through the reinvestment of dividend equivalents and are part of her equity-based compensation tied to existing restricted stock unit awards.
How many Materion (MTRN) restricted stock units does Melissa A. Fashinpaur hold after this Form 4?
After this transaction, Melissa A. Fashinpaur holds 2,237 restricted stock units. This total reflects the addition of 2 units acquired through dividend equivalent reinvestment, each representing the right to receive one share of Materion common stock upon vesting.
What do the restricted stock units in this Materion (MTRN) Form 4 represent?
Each restricted stock unit represents a right to receive one share of Materion common stock. These units are a form of equity compensation that generally convert into common shares if and when the vesting conditions associated with the awards are satisfied.
How were the new restricted stock units for Materion (MTRN) insider Melissa A. Fashinpaur acquired?
The new restricted stock units were acquired upon the reinvestment of dividend equivalents. Instead of paying cash dividends, the value of the dividends on existing awards was used to credit additional restricted stock units tied to the same vesting schedule as the related units.
When will the new restricted stock units reported for Materion (MTRN) vest?
The new restricted stock units will vest at the same time as the restricted stock units to which they relate. This means they follow the existing vesting schedule of the underlying awards rather than having a separate or accelerated vesting timetable.
Is the Materion (MTRN) Form 4 transaction by Melissa A. Fashinpaur a market purchase or sale?
No, this transaction is not a market purchase or sale. It is a grant or award acquisition of 2 restricted stock units resulting from dividend equivalent reinvestment, categorized as compensation rather than an open-market trade in Materion common stock.