MATERION (MTRN) CEO adds 11 RSUs through dividend equivalent reinvestment
Rhea-AI Filing Summary
MATERION Corp President and CEO Jugal K. Vijayvargiya reported an award of 11 Restricted Stock Units on common stock. These units were acquired through the reinvestment of dividend equivalents and will vest at the same time as the related RSU grant. Following this award, he holds 19,110 RSUs directly, each representing the right to receive one share of MTRN common stock.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit (RSU) represents a right to receive one share of MTRN common stock. These 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.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalents financial
vesting financial
FAQ
What insider transaction did MATERION Corp (MTRN) report for Jugal K. Vijayvargiya?
The company reported that President and CEO Jugal K. Vijayvargiya received 11 Restricted Stock Units. These RSUs were acquired through reinvestment of dividend equivalents and relate to an existing RSU grant, rather than an open-market share purchase or sale.
How many Restricted Stock Units does the MTRN CEO hold after this Form 4 transaction?
After this transaction, the MATERION Corp CEO holds 19,110 Restricted Stock Units. Each RSU represents the right to receive one share of MTRN common stock, giving context for his equity-based compensation position.
What is the nature of the 11 RSUs granted to the MTRN CEO on this Form 4?
The 11 RSUs were acquired upon the reinvestment of dividend equivalents tied to existing RSUs. They are compensation-related derivative awards, not an open-market stock purchase, and therefore do not represent a traditional buy or sell decision.
When will the new 11 RSUs reported by MTRN vest?
The 11 additional RSUs will vest at the same time as the Restricted Stock Units to which they relate. Their vesting schedule follows the underlying RSU grant rather than having a separate, independent vesting timeline.
Does this MTRN Form 4 show any stock sales by the CEO?
No stock sales are shown in this Form 4. The filing only reports an acquisition of 11 Restricted Stock Units through dividend equivalent reinvestment, increasing the CEO’s RSU-based equity position in MATERION Corp.