Materion CFO exercises options, sells some shares
MATERION Corp Vice President, Finance & CFO Shelly Marie Chadwick exercised 4,912 Stock Appreciation Rights, acquiring the same number of common shares at $113.28 per share.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
MATERION Corp Vice President, Finance & CFO Shelly Marie Chadwick exercised 4,912 Stock Appreciation Rights, acquiring the same number of common shares at $113.28 per share. On the same day, 3,720 shares were disposed of to cover tax obligations and 1,192 shares were sold in an open-market transaction at $198.88 per share. After these transactions, she directly holds 15,246 common shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Chadwick Shelly Marie
Role
Vice President, Finance & CFO
Sold
1,192 shs ($237K)
Approx. gross sale proceeds
$237K
Approx. exercise cost
$556K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 4,912 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,912 | $113.28 | $556K |
| Exercise Price or Tax Liability | Common Stock | 3,720 | $199.14 | $741K |
| Sale | Common Stock | 1,192 | $198.88 | $237K |
Holdings After Transaction:
Stock Appreciation Rights — 0 contracts (Direct);
Common Stock — 15,246 shares (Direct)
Footnotes (1)
- F1. The Stock Appreciation Rights vested in three equal annual installments beginning March 1, 2024.
Key Figures
Open-market sale: 1,192 shares at $198.88
Tax-withholding shares: 3,720 shares at $199.14
Options exercised: 4,912 shares at $113.28
+2 more
5 metrics
Open-market sale
1,192 shares at $198.88
Common Stock sale on 2026-05-08
Tax-withholding shares
3,720 shares at $199.14
Shares disposed to cover tax liability
Options exercised
4,912 shares at $113.28
Stock Appreciation Rights exercise on 2026-05-08
Post-transaction holdings
15,246 shares
Direct common stock owned after transactions
Net buy/sell direction
Net-sell of 1,192 shares
Aggregate of open-market sale versus acquisitions
Key Terms
Stock Appreciation Rights, open-market sale, tax-withholding disposition, derivative security
4 terms
Stock Appreciation Rights financial
"The Stock Appreciation Rights vested in three equal annual installments"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MATERION (MTRN) CFO Shelly Marie Chadwick do in this Form 4?
Shelly Marie Chadwick exercised 4,912 Stock Appreciation Rights into common stock, then had 3,720 shares withheld for taxes and sold 1,192 shares in the open market, resulting in 15,246 shares owned directly afterward.
What options or rights did the MATERION (MTRN) CFO exercise?
The CFO exercised 4,912 Stock Appreciation Rights that were convertible into common stock at an exercise price of $113.28 per share, fully using this SAR grant and increasing her direct common stock holdings before tax and sale adjustments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
