Materion (NYSE: MTRN) director receives new stock-based awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Materion Corp director N. Mohan Reddy reported stock-based awards rather than market trades. He received 2 Restricted Stock Units, each convertible into one share of common stock, bringing his RSU holdings to 2,006. He also acquired 43.173 shares of common stock through a directors’ deferred compensation plan, increasing those indirect holdings to 45,204.539 shares.
According to the footnotes, the new restricted stock units were acquired through the reinvestment of dividend equivalents and will vest at the earlier of May 8, 2026, or the date of the next annual meeting of Materion’s shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
REDDY N MOHAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| Grant/Award | Common Stock | 43.173 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,006 shares (Direct);
Common Stock — 45,204.539 shares (Indirect, Held in Directors Deferred Compensation Plan.)
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of MTRN common stock. These restricted stock units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the restricted stock units to which they relate (earlier of May 8, 2026 and the date of the next annual meeting of MTRN's shareholders). Expiration Date is the same as the Date Exercisable.
FAQ
What insider transactions did Materion (MTRN) director N. Mohan Reddy report?
Director N. Mohan Reddy reported stock-based awards, not market trades. He received 2 restricted stock units and 43.173 shares of common stock credited under a directors’ deferred compensation plan, increasing his equity-based holdings in Materion.
How many restricted stock units did the Materion (MTRN) director receive and what do they represent?
He received 2 restricted stock units. Each unit represents a right to receive one share of Materion common stock, meaning the award corresponds to 2 future common shares, subject to the disclosed vesting conditions and timetable.
When will the newly acquired restricted stock units for Materion (MTRN) director vest?
The new restricted stock units will vest on the earlier of May 8, 2026 and the date of the next annual meeting of Materion shareholders. This aligns their timing with the original restricted stock units to which they relate.
How many restricted stock units does the Materion (MTRN) director hold after this Form 4?
After this award, N. Mohan Reddy holds 2,006 restricted stock units. These units represent rights to receive an equal number of Materion common shares in the future, subject to the applicable vesting and settlement terms described for the awards.
What indirect common stock holdings does the Materion (MTRN) director report?
Through a directors’ deferred compensation plan, he reports 45,204.539 shares of Materion common stock held indirectly after the transaction. The filing notes these shares are held in the plan, reflecting compensation that has been deferred into company stock.
Were the Materion (MTRN) Form 4 transactions open-market buys or routine awards?
The reported transactions are routine stock-based awards, not open-market purchases or sales. Both entries use code “A” for grants or other acquisitions, including dividend-equivalent reinvestment and compensation deferred into Materion common stock.