Materion (MTRN) director adds 2,006 shares as RSUs vest and gets 758-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MATERION Corp director Patrick M. Prevost reported routine equity compensation activity. On May 7, 2026, he exercised 2,006 restricted stock units, receiving an equal number of common shares credited to a directors deferred compensation plan, bringing that indirect holding to 18,316.28 shares.
On May 8, 2026, he received a new grant of 758 restricted stock units, each representing a right to one share of Materion common stock. The footnotes explain these units generally vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting. No open‑market buys or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,006 shares exercised/converted
Mixed
3 txns
Insider
Prevost Patrick M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 758 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,006 | $0.00 | -- |
| Exercise | Common Stock | 2,006 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 758 shares (Direct, null);
Common Stock — 18,316.28 shares (Indirect, Held In Directors Deferred Comp. Plan)
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of MTRN common stock. These shares were issued pursuant to the vesting of a restricted stock unit award made May 8, 2025 that vested on May 7, 2026. Expiration Date is the same as the Date Exercisable. 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 vesting into shares: 2,006 shares
Deferred plan holdings after vesting: 18,316.28 shares
New RSU grant: 758 restricted stock units
+2 more
5 metrics
RSU vesting into shares
2,006 shares
Restricted stock units converted to common stock on May 7, 2026
Deferred plan holdings after vesting
18,316.28 shares
Indirect common stock holding in directors deferred compensation plan
New RSU grant
758 restricted stock units
Grant on May 8, 2026
RSU-to-share ratio
1:1
Each restricted stock unit represents one share of common stock
Derivative exercises in filing
1 exercise, 2,006 units
Summary of derivative exercise/conversion activity
Key Terms
Restricted Stock Units, derivative exercise/conversion, Deferred Comp. Plan, vest
4 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.
derivative exercise/conversion financial
"Transaction action is classified as a derivative exercise/conversion of restricted stock units."
Deferred Comp. Plan financial
"Common stock is held indirectly in a Directors Deferred Comp. Plan."
vest financial
"These shares were issued pursuant to the vesting of a restricted stock unit award."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did Patrick M. Prevost report for MATERION (MTRN)?
Patrick M. Prevost reported routine equity compensation activity, including vesting of 2,006 restricted stock units into common shares and a new grant of 758 restricted stock units. All events were compensation-related, with no open‑market share purchases or sales disclosed.
What new equity award did Patrick M. Prevost receive from MATERION (MTRN)?
On May 8, 2026, Prevost received a grant of 758 restricted stock units from MATERION. Each unit represents a right to receive one share of common stock, generally vesting on the earlier of the first anniversary of the grant or the next annual shareholder meeting.