STOCK TITAN

MATERION (MTRN) CEO reports RSU, SAR grants and tax share disposal

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

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Insider Vijayvargiya Jugal K.
Role President and CEO
Type Security Shares Price Value
Tax Withholding Common Stock 9,977 $166.59 $1.66M
Exercise Restricted Stock Units 8,657 $0.00 --
Grant/Award Restricted Stock Units 9,604 $0.00 --
Grant/Award Stock Appreciation Rights 29,415 $0.00 --
Exercise Common Stock 8,657 $0.00 --
Holdings After Transaction: Common Stock — 116,688 shares (Direct); Restricted Stock Units — 9,477 shares (Direct); Stock Appreciation Rights — 29,415 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit (RSU) 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.
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Vijayvargiya Jugal K.

(Last) (First) (Middle)
6070 PARKLAND BLVD.

(Street)
MAYFIELD HEIGHTS OH 44124

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MATERION Corp [ MTRN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 M 8,657 A $0 126,665 D
Common Stock 03/02/2026 F 9,977 D $166.59 116,688 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/01/2026 M 8,657 (2) (3) Common Stock 8,657 $0 9,477 D
Restricted Stock Units (1) 03/01/2026 A 9,604 (4) (3) Common Stock 9,604 $0 19,081 D
Stock Appreciation Rights $166.59 03/01/2026 A 29,415 (5) 03/01/2033 Common Stock 29,415 $0 29,415 D
Explanation of Responses:
1. Each restricted stock unit (RSU) represents a right to receive one share of MTRN common stock.
2. 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.
3. Expiration Date is the same as the Date Exercisable.
4. These restricted stock units vest in three equal annual installments beginning March 1, 2027.
5. These Stock Appreciation Rights vest in three equal annual installments beginning March 1, 2027.
Remarks:
/s/Michelle R. Mekinda, as Attorney-In-Fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did MTRN CEO Jugal K. Vijayvargiya report?

He reported exercising 8,657 restricted stock units into common shares, receiving 9,604 new restricted stock units and 29,415 stock appreciation rights, and disposing of 9,977 common shares at $166.59 per share to satisfy tax withholding obligations related to these equity awards.

Were MTRN CEO Jugal K. Vijayvargiya’s Form 4 transactions open-market buys or sells?

The filing shows no open-market purchases or sales. Activity consists of equity award grants, exercises of restricted stock units into common stock, and a 9,977-share tax-withholding disposition at $166.59 per share, used to cover tax liabilities associated with the vesting and exercises.

How many MTRN common shares does the CEO hold after these Form 4 transactions?

After the reported equity award exercises and tax-withholding disposition, Jugal K. Vijayvargiya directly owns 116,688 shares of MATERION common stock. This total reflects the net effect of shares acquired from restricted stock unit exercises and shares disposed of to satisfy associated tax obligations.

What new equity awards did the MTRN CEO receive according to this Form 4?

He received 9,604 restricted stock units and 29,415 stock appreciation rights. According to the footnotes, both types of awards vest in three equal annual installments beginning March 1, 2027, aligning a portion of his compensation with the company’s long-term performance and service.

How do the restricted stock units reported for MTRN’s CEO convert into shares?

Each restricted stock unit represents a right to receive one share of MATERION common stock. When units vest and are settled, they convert into an equivalent number of common shares, as reflected by the 8,657-share exercise reported as a derivative conversion into non-derivative common stock.

What vesting schedules apply to the MTRN CEO’s restricted stock units and stock appreciation rights?

Previously granted restricted stock units vest in three equal annual installments, while the newly granted 9,604 restricted stock units and 29,415 stock appreciation rights also vest in three equal annual installments beginning March 1, 2027, encouraging multi-year retention and performance alignment.