MATERION (MTRN) director Craig Shular reports new RSUs and deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MATERION Corp director Craig S. Shular reported routine equity awards. On March 6, he received 2 restricted stock units through the reinvestment of dividend equivalents, each convertible into one share of common stock. These RSUs will vest on the earlier of May 8, 2026 or the next annual shareholder meeting.
He also acquired 50.259 shares of common stock credited to a directors deferred compensation plan. Following these awards, he holds 2,006 restricted stock units and 5,908.972 shares of common stock directly, plus 52,624.053 shares held indirectly through the deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SHULAR CRAIG S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| Grant/Award | Common Stock | 50.259 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,006 shares (Direct);
Common Stock — 52,624.053 shares (Indirect, Held In Directors Deferred Comp. Plan);
Common Stock — 5,908.972 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 (earlier of May 8, 2026 and the date of the next annual meeting of MTRN's shareholders). Expiration Date is the same as the Date Exercisable.
FAQ
What did MATERION (MTRN) director Craig S. Shular report in this Form 4?
Craig S. Shular reported routine equity awards, not open-market trades. He received restricted stock units from dividend reinvestment and additional common shares credited to a directors deferred compensation plan, increasing both his derivative and indirect non-derivative holdings in MATERION common stock.
How many restricted stock units did Craig S. Shular receive from MATERION (MTRN)?
He received 2 restricted stock units on March 6, each representing the right to receive one share of MATERION common stock. These units were acquired through reinvested dividend equivalents and will vest together with the related restricted stock units.
When do Craig S. Shular’s new MATERION (MTRN) restricted stock units vest?
The new restricted stock units will vest at the earlier of May 8, 2026 and the date of MATERION’s next annual meeting of shareholders. This matches the vesting schedule of the underlying restricted stock unit award they are associated with.
How many MATERION (MTRN) restricted stock units does Craig S. Shular hold after this filing?
After the reported award, he holds 2,006 restricted stock units. Each unit represents a right to receive one share of MATERION common stock, giving him a deferred claim on future share delivery tied to vesting conditions.