MATERION Corp·4

Mar 10, 2:22 PM ET

REDDY N MOHAN 4

Research Summary

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MATERION Director Reddy N Mohan Receives RSU Award

What Happened

Reddy N. Mohan, a director of MATERION Corp (MTRN), received an award of restricted stock units (RSUs) on 2026-03-06: 43.173 RSUs granted and 2 RSUs acquired as dividend equivalents. Both grants were issued at $0.00 (standard for RSU awards) and represent a right to receive one share of MTRN common stock per RSU upon vesting. The combined award totals 45.173 RSUs that will convert to common shares when they vest.

Key Details

  • Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed within the two-business-day deadline).
  • Grants: 43.173 RSUs (grant) and 2 RSUs (dividend-equivalent reinvestment); price reported $0.00.
  • Each RSU equals one share on vesting (Footnote F1); the 2 dividend-equivalent RSUs vest with the related RSUs (Footnote F2).
  • Vesting timing: these RSUs vest the earlier of May 8, 2026 and the date of MTRN’s next annual shareholders’ meeting (per filing).
  • Shares owned after the transaction: not specified in the reported excerpt.
  • Transaction code: A = Award/Grant; the 2 RSUs are derivative in nature (reinvested dividend equivalents).

Context RSU grants are a common form of equity compensation for directors and typically do not involve an immediate cash purchase or sale—value is realized only if and when the RSUs vest and convert to shares. The reported grant itself is neither a buy nor a sell signal; its ultimate value will depend on MTRN’s share price at vesting.