MATERION Corp (MTRN) counsel granted dividend-equivalent restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MATERION Corp reported that VP, General Counsel & Secretary Gregory R. Chemnitz acquired 2 restricted stock units as a compensation-related award. Each unit represents one share of common stock, bringing his directly held restricted stock units to 3,545. The new units came from reinvested dividend equivalents and will vest on the same schedule as the related restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chemnitz Gregory R.
Role
VP General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,545 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of MTRN common stock. These 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. Expiration Date is the same as the Date Exercisable.
Key Figures
Restricted stock units granted: 2 units
RSUs after transaction: 3,545 units
RSU-to-share ratio: 1 unit : 1 share
3 metrics
Restricted stock units granted
2 units
Award acquired on 2026-06-12 via dividend equivalent reinvestment
RSUs after transaction
3,545 units
Total restricted stock units directly held following the award
RSU-to-share ratio
1 unit : 1 share
Each restricted stock unit equals one share of common stock
Key Terms
Restricted Stock Units, dividend equivalents, Expiration Date
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a right to receive one share of MTRN common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time..."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Expiration Date financial
"Expiration Date is the same as the Date Exercisable."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did MTRN executive Gregory Chemnitz report?
Gregory R. Chemnitz reported receiving 2 restricted stock units tied to MATERION Corp common stock. These units were granted as a compensation-related award through reinvestment of dividend equivalents, rather than an open-market purchase, and increase his directly held restricted stock unit balance.
Does this MTRN Form 4 show an insider buying or selling stock?
The Form 4 shows an acquisition of 2 restricted stock units, not a market buy or sale. The units were granted as a stock-based award via dividend equivalent reinvestment, so no open-market trading or cash transaction is disclosed in this filing.
How many MATERION Corp restricted stock units does Gregory Chemnitz hold after this award?
After the reported award, Gregory R. Chemnitz holds 3,545 restricted stock units directly. Each restricted stock unit represents the right to receive one share of MATERION Corp common stock, subject to the vesting conditions associated with the underlying restricted stock unit grant.
What does each restricted stock unit reported by MTRN represent?
Each restricted stock unit represents a right to receive one share of MATERION Corp common stock. This means when the units vest under their terms, the holder is entitled to receive an equivalent number of common shares, assuming all vesting conditions are satisfied.
How were the new restricted stock units for MTRN’s Gregory Chemnitz generated?
The new restricted stock units were acquired through the reinvestment of dividend equivalents tied to existing awards. Instead of paying cash dividends on unvested restricted stock units, additional units were credited, which will vest on the same schedule as the related restricted stock unit grant.
When will the newly acquired MTRN restricted stock units vest?
The 2 newly acquired restricted stock units will vest at the same time as the restricted stock units to which they relate. Their vesting is therefore linked to the original award’s schedule, rather than having a separate or accelerated vesting timetable.