Materion (MTRN) legal chief sells 4,000 shares at $157.09
Rhea-AI Filing Summary
MATERION Corp executive Gregory R. Chemnitz, VP General Counsel & Secretary, reported an open-market sale of 4,000 shares of common stock at $157.09 per share. After this sale, he directly holds 8,572 shares, and an additional 5,343.175 shares are held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares
Net Sell
2 txns
Insider
Chemnitz Gregory R.
Role
VP General Counsel & Secretary
Sold
4,000 shs ($628K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $157.09 | $628K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,572 shares (Direct);
Common Stock — 5,343.175 shares (Indirect, Held in 401(k) Plan)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MTRN executive Gregory Chemnitz report?
Gregory R. Chemnitz reported selling 4,000 shares of MATERION Corp common stock in an open-market transaction at $157.09 per share. The filing shows this as a non-derivative sale coded “S” on February 17, 2026.
Was the MTRN insider transaction a buy or a sell?
The insider transaction was a sell. Gregory Chemnitz executed an open-market sale of 4,000 MATERION Corp common shares, identified with transaction code “S” and described as a sale in an open market or private transaction.
Does the MTRN Form 4 show any indirect holdings for Gregory Chemnitz?
Yes. Besides his direct holdings, the Form 4 reports 5,343.175 MATERION Corp shares held indirectly in a 401(k) plan. These are classified as indirect ownership, separate from his directly held 8,572 shares.