REDDY N MOHAN 4
4 · MATERION Corp · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
MATERION (MTRN) Director Reddy N. Mohan Converts 2,006 RSUs
What Happened
- Reddy N. Mohan, a director of MATERION Corp (MTRN), had 2,006 restricted stock units (RSUs) convert to 2,006 shares on May 7, 2026 (transaction code M). The filing shows an acquisition of 2,006 shares on conversion and a simultaneous disposition of 2,006 shares at $0.00 per share. No proceeds are reported from the disposition.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (appears timely).
- Acquisition: 2,006 shares from conversion of RSUs (price N/A).
- Disposition: 2,006 shares at $0.00 (derivative disposition).
- Footnotes: F1—each RSU equals one share; F2—these shares were issued upon vesting of an RSU award granted May 8, 2025 that vested May 7, 2026; F3—expiration date = date exercisable.
- Shares owned after the transaction are not shown in the excerpt of the filing.
Context
- These were RSUs that vested and converted into common shares. The subsequent disposition at $0.00 per share commonly indicates shares were withheld or surrendered to satisfy tax-withholding obligations rather than sold on the open market. This type of conversion/withholding is administrative and does not necessarily signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4Exit
MATERION CorpMTRN
REDDY N MOHAN
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-07+2,006→ 2,006 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-05-07−2,006→ 0 total→ Common Stock (2,006 underlying)
Holdings
- 45,204.539(indirect: Held in Directors Deferred Compensation Plan.)
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a right to receive one share of MTRN common stock.
- [F2]These shares were issued pursuant to the vesting of a restricted stock unit award made May 8, 2025 that vested on May 7, 2026.
- [F3]Expiration Date is the same as the Date Exercisable.
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact|2026-05-11