Materion director receives 2,006 vested shares
MATERION Corp director N Mohan Reddy reported a routine equity compensation event.
Rhea-AI Filing Summary
MATERION Corp director N Mohan Reddy reported a routine equity compensation event. On May 7, 2026, restricted stock units vested and were converted into 2,006 shares of common stock, which he now holds directly. The filing shows that these shares were issued from a restricted stock unit award granted on May 8, 2025 and vesting on May 7, 2026.
After this vesting, the reported balance of these restricted stock units is zero, indicating the award has been fully settled into common shares. Separately, Reddy has an indirect interest in 45,204.539 shares of common stock held in a Directors Deferred Compensation Plan, which remains unchanged by this transaction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,006 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,006 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit represents a right to receive one share of MTRN common stock.
- F2. These shares were issued pursuant to the vesting of a restricted stock unit award made May 8, 2025 that vested on May 7, 2026.
- F3. Expiration Date is the same as the Date Exercisable.
Key Figures
Key Terms
Restricted Stock Units financial
Directors Deferred Compensation Plan financial
derivative security financial
FAQ
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