MATERION (MTRN) CFO reports stock sales, RSU conversion and new awards
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 2,539 shares ($406,393)
Net Sell
7 txns
Insider
Chadwick Shelly Marie
Role
Vice President, Finance & CFO
Sold
2,539 shs ($406K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,039 | $157.26 | $163K |
| Sale | Common Stock | 1,500 | $162.00 | $243K |
| Tax Withholding | Common Stock | 3,909 | $166.59 | $651K |
| Exercise | Restricted Stock Units | 5,552 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,590 | $0.00 | -- |
| Grant/Award | Stock Appreciation Rights | 5,498 | $0.00 | -- |
| Exercise | Common Stock | 5,552 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,743 shares (Direct);
Restricted Stock Units — 8,886 shares (Direct);
Stock Appreciation Rights — 5,498 shares (Direct)
Footnotes (1)
- 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. Each restricted stock unit represents a right to receive one share of MTRN common stock. 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. Expiration Date is the same as the Date Exercisable. These restricted stock units vest in three equal annual installments beginning March 1, 2027. These Stock Appreciation Rights vest in three equal annual installments beginning March 1, 2027.
FAQ
What insider transactions did MATERION (MTRN) CFO Shelly Marie Chadwick report?
Shelly Marie Chadwick reported open-market sales of 1,039 and 1,500 MATERION common shares, a tax-withholding share disposition, an RSU conversion into 5,552 common shares, and new grants of restricted stock units and stock appreciation rights, all occurring in early March 2026.
What equity awards did the MATERION (MTRN) CFO receive in March 2026?
On March 1, 2026, Shelly Marie Chadwick received 3,590 restricted stock units and 5,498 stock appreciation rights. The filing notes these stock appreciation rights and restricted stock units vest in three equal annual installments beginning March 1, 2027, subject to their respective terms.
How do the MATERION (MTRN) CFO’s restricted stock units convert into common stock?
Each restricted stock unit reported for Shelly Marie Chadwick represents a right to receive one share of MATERION common stock. The filing indicates certain restricted stock units vest in three equal annual installments, after which they can convert into common shares as shown by the 5,552-share conversion.