Materion (NYSE: MTRN) director granted dividend-based restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Toth Robert B reported acquisition or exercise transactions in this Form 4 filing.
MATERION Corp director Robert B. Toth reported receiving 2 restricted stock units through reinvested dividend equivalents. Each unit represents one share of MTRN common stock. After this award, he holds 2,006 restricted stock units, which will vest with the related grant by the earlier of May 8, 2026 or the next annual shareholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Toth Robert B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,006 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of MTRN common stock. These restricted stock units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the restricted stock units to which they relate (earlier of May 8, 2026 and the date of the next annual meeting of MTRN's shareholders). Expiration Date is the same as the Date Exercisable.
FAQ
What did MTRN director Robert B. Toth report in this Form 4?
Robert B. Toth reported acquiring 2 restricted stock units in MATERION Corp. These units were received through reinvestment of dividend equivalents and increase his total restricted stock unit holdings to 2,006, as disclosed in the Form 4 filing.
How many MTRN restricted stock units does Robert B. Toth now hold?
Following this transaction, Robert B. Toth holds 2,006 restricted stock units of MATERION Corp. The Form 4 shows the award of 2 additional units, bringing his total derivative holdings in these RSUs to that disclosed post-transaction balance.
What is the nature of the restricted stock unit award reported for MTRN?
The award is a grant of 2 restricted stock units acquired via reinvested dividend equivalents. Each restricted stock unit represents a right to receive one share of MATERION common stock, with no cash paid per unit in this compensation-related transaction.
When will Robert B. Toth’s new MTRN restricted stock units vest?
The 2 newly acquired restricted stock units will vest at the same time as the related RSU grant. Vesting occurs on the earlier of May 8, 2026, or the date of MATERION’s next annual meeting of shareholders, as described in the footnotes.
Were these MTRN restricted stock units an open-market purchase or compensation grant?
These restricted stock units are a compensation-related grant, not an open-market purchase. They were acquired upon reinvestment of dividend equivalents tied to an existing RSU award, consistent with a non-market, equity-based compensation arrangement disclosed in the Form 4.