MATERION (MTRN) director Prevost receives stock units and deferred shares
Rhea-AI Filing Summary
MATERION Corp director Patrick M. Prevost reported routine equity awards. On March 6, 2026, he received 2 restricted stock units, each representing one share of MTRN common stock, through dividend-equivalent reinvestment. These units vest on the earlier of May 8, 2026 or the next annual shareholder meeting.
On the same date, 15.445 shares of common stock were credited to an indirect account held in the directors deferred compensation plan. After these awards, Prevost holds 2,006 restricted stock units directly and 16,172.280 common shares indirectly, reflecting standard, non-market compensation-related acquisitions rather than open-market buying or selling.
Positive
- None.
Negative
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Insights
Routine director equity awards with no open‑market trading.
The transactions show grant or award acquisitions, not market purchases or sales. Awarded restricted stock units came from dividend-equivalent reinvestment and will vest by May 8, 2026 or at the next annual shareholder meeting, aligning with typical director compensation structures.
The additional 15.445 common shares credited to the directors deferred compensation plan are indirect holdings, reinforcing that these are bookkeeping and compensation entries. With 2,006 restricted stock units and 16,172.280 indirect shares after the transactions, the filing signals ongoing equity-based alignment rather than a change in market sentiment.
FAQ
What insider transactions did MATERION (MTRN) director Patrick M. Prevost report?
How many restricted stock units does Patrick M. Prevost hold after this MTRN Form 4?
When do Patrick M. Prevost’s new MTRN restricted stock units vest?
What is the nature of Patrick M. Prevost’s indirect MTRN share holdings?
Do the MTRN Form 4 transactions involve any open-market purchases or sales?