MATERION CEO logs equity grants and tax offsets
MATERION Corp President and CEO Jugal K. Vijayvargiya reported several equity compensation moves in company securities.
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Rhea-AI Filing Summary
MATERION Corp President and CEO Jugal K. Vijayvargiya reported several equity compensation moves in company securities. He acquired 8,657 shares of common stock through the exercise of restricted stock units and received new awards of 9,604 restricted stock units and 29,415 stock appreciation rights, each vesting in three equal annual installments beginning March 1, 2027. To cover tax obligations, 9,977 shares of common stock were disposed of at a price of $166.59 per share through a tax-withholding transaction. Following these transactions, he directly holds 116,688 shares of common stock and 19,081 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,977 | $166.59 | $1.66M |
| Exercise | Restricted Stock Units | 8,657 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 9,604 | $0.00 | $0.00 |
| Grant/Award | Stock Appreciation Rights | 29,415 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,657 | $0.00 | $0.00 |
Footnotes (5)
- F1. Each restricted stock unit (RSU) represents a right to receive one share of MTRN common stock.
- F2. 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.
- F3. Expiration Date is the same as the Date Exercisable.
- F4. These restricted stock units vest in three equal annual installments beginning March 1, 2027.
- F5. These Stock Appreciation Rights vest in three equal annual installments beginning March 1, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MTRN CEO Jugal K. Vijayvargiya report?
Were MTRN CEO Jugal K. Vijayvargiya’s Form 4 transactions open-market buys or sells?
What new equity awards did the MTRN CEO receive according to this Form 4?
What vesting schedules apply to the MTRN CEO’s restricted stock units and stock appreciation rights?
AI-generated analysis. How Rhea-AI works. Not financial advice.