MTRN Form 4: Director Robert B. Toth Credited 2 RSUs via Dividend Reinvestment
Rhea-AI Filing Summary
Robert B. Toth, a director of Materion Corp (MTRN), acquired 2 restricted stock units (RSUs) on 09/05/2025 through the reinvestment of dividend equivalents. Each RSU converts to one share of common stock. The new units vest concurrently with the related RSUs (the earlier of May 8, 2026 or the next annual shareholders meeting). Following this transaction, Mr. Toth directly beneficially owns 2,002 shares. The reported price for the acquisition was $0.
Positive
- Director increased direct ownership to 2,002 shares through acquisition of 2 RSUs
- Vesting aligns with existing restricted stock units (earlier of May 8, 2026 or next annual meeting), preserving compensation schedule
Negative
- None.
Insights
TL;DR: Director received 2 RSUs via dividend reinvestment; vesting aligns with existing awards, indicating standard compensation mechanics.
This Form 4 reports a routine acquisition of 2 restricted stock units by a director through reinvested dividend equivalents. The disclosure shows the units carry one-for-one conversion to common shares and will vest on the same schedule as the related awards (earlier of May 8, 2026 or the next annual meeting). The filing is signed by an attorney-in-fact, consistent with procedural practice for insider reporting.
TL;DR: Small, non-cash issuance recorded; reported beneficial ownership increased to 2,002 shares, with no cash consideration disclosed.
The transaction code and price indicate these RSUs were credited at $0 as dividend-equivalent reinvestments rather than open-market purchases. The increase to 2,002 directly held shares is explicitly stated. There is no indication of exercised options, sales, or other derivative activity in this filing. From a disclosure standpoint, the Form 4 provides the necessary details: transaction date, type of award, vesting trigger, and post-transaction ownership.