Director at Materion (NYSE: MTRN) receives stock award in deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHILLIPPY ROBERT J reported acquisition or exercise transactions in this Form 4 filing.
MATERION Corp director Robert J. Phillippy reported updated holdings of the company’s common stock. The filing shows he holds 3,664 shares directly and received an additional 7.005 shares as a grant or award credited at no cost to a Directors Deferred Compensation Plan, bringing his indirect holdings in that plan to 12,034.258 shares. These entries reflect compensation-related share accruals rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PHILLIPPY ROBERT J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7.005 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,034.258 shares (Indirect, Held in Directors Deferred Compensation Plan);
Common Stock — 3,664 shares (Direct, null)
Footnotes (1)
Key Figures
Stock award: 7.005 shares
Indirect holdings after award: 12,034.258 shares
Direct holdings: 3,664 shares
3 metrics
Stock award
7.005 shares
Common Stock grant to Directors Deferred Compensation Plan at $0.0000
Indirect holdings after award
12,034.258 shares
Common Stock held in Directors Deferred Compensation Plan after acquisition
Direct holdings
3,664 shares
Common Stock held directly after reported entries
Key Terms
Directors Deferred Compensation Plan, Grant, award, or other acquisition, Common Stock
3 terms
Directors Deferred Compensation Plan financial
"Held in Directors Deferred Compensation Plan"
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did MTRN director Robert J. Phillippy report?
Robert J. Phillippy reported a small stock award rather than a market trade. He received 7.005 Materion common shares at no cost into a Directors Deferred Compensation Plan, and the filing also updates his direct and indirect share holdings.
Was the Materion (MTRN) director’s Form 4 a stock purchase or sale?
The Form 4 does not show any open-market purchase or sale. Instead, it reports a grant or award acquisition of 7.005 common shares at a price of $0.0000, credited into a Directors Deferred Compensation Plan as part of his director compensation.
What is the nature of Robert J. Phillippy’s indirect Materion (MTRN) holdings?
His indirect holdings are described as “Held in Directors Deferred Compensation Plan.” This means 12,034.258 Materion common shares are credited within a deferred compensation arrangement, where director fees are taken in stock units rather than immediate cash payments.