MATERION (MTRN) CFO reports stock sales, RSU conversion and new awards
Rhea-AI Filing Summary
MATERION Corp Vice President, Finance & CFO Shelly Marie Chadwick reported a mix of equity transactions in company stock. On March 3, 2026, she sold 1,039 common shares at $157.26 under a Rule 10b5-1 trading plan adopted on December 1, 2025, and sold another 1,500 shares at $162.00 in open-market transactions. A prior transaction on March 2, 2026 disposed of 3,909 shares to satisfy tax obligations by delivering shares. On March 1, 2026, 5,552 restricted stock units were converted into common stock, and she received new grants of 3,590 restricted stock units and 5,498 stock appreciation rights. Following these transactions, she directly holds 15,243 common shares, 12,476 restricted stock units, and 5,498 stock appreciation rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,039 | $157.26 | $163K |
| Sale | Common Stock | 1,500 | $162.00 | $243K |
| Exercise Price or Tax Liability | Common Stock | 3,909 | $166.59 | $651K |
| Exercise | Restricted Stock Units | 5,552 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,590 | $0.00 | $0.00 |
| Grant/Award | Stock Appreciation Rights | 5,498 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,552 | $0.00 | $0.00 |
Footnotes (6)
- F1. The reported sale of 1,039 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2025.
- F2. Each restricted stock unit represents a right to receive one share of MTRN common stock.
- F3. These restricted stock units granted on 03/01/2023, 03/01/2024, and 03/01/2025, and any related dividend equivalents, vest in three equal annual installments.
- F4. Expiration Date is the same as the Date Exercisable.
- F5. These restricted stock units vest in three equal annual installments beginning March 1, 2027.
- F6. These Stock Appreciation Rights vest in three equal annual installments beginning March 1, 2027.
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