Materion (MTRN) Form 4 — Officer Disposes 3,000 Shares; 401(k) Holding Disclosed
Rhea-AI Filing Summary
Form 4 filed for MTRN (Materion Corp): Reporting person Chemnitz Gregory R., VP General Counsel & Secretary, reported sales on 08/04/2025. The Form shows two non-derivative common stock dispositions: 918 shares sold at a weighted-average price of $104.6484 and 2,082 shares sold at a weighted-average price of $105.4008. Following those transactions, reported direct beneficial ownership is shown as 12,458 shares and 10,376 shares on the respective lines. The filing also discloses 5,330.705 shares held indirectly in a 401(k) plan. Footnotes state the sales occurred across multiple prices within specified ranges and the filer offers to provide per-price sale breakdowns on request. The form is signed by an attorney-in-fact on 08/06/2025.
Positive
- None.
Negative
- Officer sale disclosed: Reporting person sold a total of 3,000 common shares on 08/04/2025 (918 and 2,082 shares) at weighted-average prices of $104.6484 and $105.4008.
Insights
TL;DR: Officer reported routine open-market sales totaling 3,000 shares at weighted-average prices near $105; disclosures include 401(k) holdings.
This Form 4 documents two open-market dispositions by an officer on 08/04/2025 totaling 3,000 common shares (918 at a weighted-average of $104.6484 and 2,082 at $105.4008). The filing specifies post-transaction direct holdings on the two reported lines and discloses 5,330.705 shares held indirectly in a 401(k) account. Footnotes clarify the sales were executed in multiple transactions across stated price ranges and that further per-price details are available on request. From an analytical perspective, the filing is a standard disclosure of insider selling activity; no derivatives, grants, or purchases are reported.
Impact assessment: 0 (Neutral). This is routine insider selling disclosure without additional material context provided in the form.
TL;DR: Timely Form 4 reports officer sales and indirect 401(k) holdings; no governance red flags or new control changes disclosed.
The submission identifies the reporting person as an officer (VP General Counsel & Secretary) and includes signature by an attorney-in-fact dated 08/06/2025. The filing discloses specific weighted-average sale prices and notes that sales occurred at multiple prices within defined ranges, with an offer to provide detailed breakdowns. There are no indications of departures, control transfers, option exercises, or material corporate actions in this document. The disclosure meets Section 16 reporting requirements for changes in beneficial ownership.
Impact assessment: 0 (Neutral). The reported transactions are routine and do not, in this filing alone, suggest governance concerns.