KHILNANI VINOD M 4
4 · MATERION Corp · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
MATERION (MTRN) Director Vinod Khilnani Sells Shares
What Happened
Vinod M. Khilnani, a director of MATERION Corp (MTRN), sold a total of 4,000 shares in open‑market transactions on February 17, 2026. The sales were reported as two transactions: 2,446 shares at a weighted average price of $148.67 (proceeds $363,637) and 1,554 shares at a weighted average price of $149.18 (proceeds $231,820), for aggregate proceeds of approximately $595,457. These were outright sales (code S).
Key Details
- Transaction date: February 17, 2026; Form 4 filed: February 19, 2026 (within the typical 2‑business‑day reporting window).
- Shares sold: 2,446 @ $148.67 (weighted avg) and 1,554 @ $149.18 (weighted avg); total 4,000 shares; total proceeds ~$595,457.
- Footnotes: the reported prices are weighted averages. The first block was executed at prices ranging $148.340–$148.970; the second block at $149.010–$149.415. The reporting person will provide a price-by-price breakdown on request.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Transaction type: S = Sale (open market/private sale).
Context
Sales by insiders can be routine (liquidity, diversification, tax planning) and do not by themselves indicate a change in the insider’s view of the company. Purchases are generally more informative about insider confidence. This filing reports executed sales across multiple trades (hence weighted averages and price ranges), not option exercises or gifts.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-17$148.67/sh−2,446$363,637→ 15,219 total - Sale
Common Stock
[F2][F3]2026-02-17$149.18/sh−1,554$231,820→ 13,665 total
- 19,992.731(indirect: Held in Directors Deferred Compensation Plan.)
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction at prices ranging from $148.340 to $148.970, inclusive.
- [F2]The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (3) of this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction at prices ranging from $149.010 to $149.415, inclusive.