KHILNANI VINOD M 4

What Happened

• Vinod M. Khilnani, a director of MATERION Corp (MTRN), received equity awards on 2026-03-06 consisting of 19.112 restricted stock units (RSUs) and an additional 2 RSUs acquired as a derivative (dividend-equivalent reinvestment). The filing reports these awards as acquired at $0.00 (no cash paid at grant). This is a grant/award (routine compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; filing date (Accession): 2026-03-10 (filed within the SEC’s two-business-day window given the weekend between dates).
• Award amounts: 19.112 RSUs (primary grant) + 2 RSUs (derivative from dividend-equivalent reinvestment) = 21.112 RSUs total.
• Reported price: $0.00 per unit (typical for RSU grants; represents deferred equity compensation rather than a cash purchase).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: Each RSU represents the right to receive one share of MTRN common stock upon vesting.
  • F2: The 2 RSUs were acquired via reinvestment of dividend equivalents and will vest at the same time as the related RSUs (the earlier of May 8, 2026, or the date of the next annual meeting).
  • F3: “Expiration Date is the same as the Date Exercisable” (not typically material for RSUs; more relevant to options).

Context

• RSU grants are standard compensation/retention tools for executives and directors and do not necessarily indicate a personal cash investment or immediate market sentiment.
• Unlike option exercises or open-market purchases, these awards do not involve an immediate sale or purchase of stock; value is realized only when and if the RSUs vest and shares are delivered (and then possibly taxed).