MATERION director awarded and vests stock units
MATERION Corp director Vinod M. Khilnani reported equity compensation activity, primarily awards and vesting of stock units.
Rhea-AI Filing Summary
MATERION Corp director Vinod M. Khilnani reported equity compensation activity, primarily awards and vesting of stock units. On May 8, 2026, he received a grant of 837 restricted stock units, each representing one share of MTRN common stock.
On May 7, 2026, 2,006 restricted stock units vested and were exercised into 2,006 shares of common stock, leaving no remaining units from that award. Following these transactions, he directly holds 15,671 shares of common stock and 837 restricted stock units, and indirectly holds 20,011.843 shares through a Directors Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,006 shares exercised/converted
Exercise
4 txns
Insider
KHILNANI VINOD M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 837 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,006 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,006 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Restricted Stock Unit — 837 contracts (Direct);
Common Stock — 15,671 shares (Direct);
Common Stock — 20,011.843 shares (Indirect, Held in Directors Deferred Compensation Plan.)
Footnotes (4)
- F1. Each restricted stock unit represents a right to receive one share of MTRN common stock.
- F2. These shares were issued pursuant to the vesting of a restricted stock unit award made May 8, 2025 that vested on May 7, 2026.
- F3. Expiration Date is the same as the Date Exercisable.
- F4. The restricted stock units generally vest on the earlier of (1) the first anniversary of the grant date and (2) the next annual meeting of MTRN's shareholders that follows the grant.
Key Figures
RSU grant: 837 restricted stock units
RSUs vested and converted: 2,006 restricted stock units
Direct common shares: 15,671 shares
+2 more
5 metrics
RSU grant
837 restricted stock units
Granted on May 8, 2026, each for one MTRN share
RSUs vested and converted
2,006 restricted stock units
Vested and converted into 2,006 common shares on May 7, 2026
Direct common shares
15,671 shares
Direct MTRN common stock holdings after transactions
Indirect deferred shares
20,011.843 shares
Held in Directors Deferred Compensation Plan after transactions
Remaining RSUs from new grant
837 restricted stock units
Unsettled units following the May 8, 2026 RSU grant
Key Terms
Restricted Stock Unit, Directors Deferred Compensation Plan, Expiration Date
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a right to receive one share of MTRN common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MTRN director Vinod Khilnani report on this Form 4?
The filing shows equity compensation activity, not open-market trading. Vinod Khilnani received 837 restricted stock units and had 2,006 restricted stock units vest and convert into 2,006 shares of MATERION Corp common stock as part of his director compensation program.
How many restricted stock units did MTRN grant to Vinod Khilnani?
MATERION Corp granted Vinod Khilnani 837 restricted stock units. Each unit represents a right to receive one share of MTRN common stock, with vesting generally occurring on the earlier of the first anniversary of grant or the next annual shareholder meeting that follows the grant date.
What happened when Vinod Khilnani’s restricted stock units vested at MTRN?
When 2,006 restricted stock units vested, they were exercised and converted into 2,006 shares of MATERION Corp common stock. After this conversion, the related restricted stock unit position was reduced to zero, reflecting full settlement of that particular award.
What are Vinod Khilnani’s indirect holdings of MTRN stock?
The Form 4 indicates that 20,011.843 shares of MATERION Corp common stock are held indirectly in a Directors Deferred Compensation Plan. These shares are attributed to Vinod Khilnani with indirect ownership, reflecting deferred compensation arrangements rather than direct share ownership.
Do the reported MTRN Form 4 transactions involve open-market buying or selling?
The transactions are equity awards and vesting events, not open-market trades. The filing shows a grant of 837 restricted stock units and the vesting and conversion of 2,006 units into common shares, with no reported open-market purchases or sales of MTRN stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
