PHILLIPPY ROBERT J 4
4 · MATERION Corp · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
MATERION (MTRN) Director Robert J. Phillippy Sells 3,500 Shares
What Happened
Robert J. Phillippy, a director of MATERION Corp (MTRN), sold a total of 3,500 shares in open-market transactions on May 29, 2026. The sales were reported in four blocks: 1,320 shares at a weighted avg $217.67 ($287,322); 1,084 shares at $218.59 ($236,956); 740 shares at $219.54 ($162,460); and 356 shares at $220.30 ($78,426). Total reported proceeds are approximately $765,164. These were sales (code S), which are typically routine dispositions rather than indicator purchases.
Key Details
- Transaction date: 2026-05-29 (reported on Form 4 filed 2026-06-01).
- Individual reported blocks:
- 1,320 shares @ weighted avg $217.67 (prices ranged $217.345–$217.920) — $287,322 (F2)
- 1,084 shares @ weighted avg $218.59 (prices ranged $218.160–$218.925) — $236,956 (F3)
- 740 shares @ weighted avg $219.54 (prices ranged $219.310–$219.920) — $162,460 (F4)
- 356 shares @ weighted avg $220.30 (prices ranged $220.150–$220.480) — $78,426 (F5)
- Reporting note (F1): The filer offers to provide a detailed breakdown of the number of shares sold at each separate price within the ranges on request.
- Shares owned after the transaction: not disclosed in the information provided in this summary (noted as absent from the supplied filing details).
- Filing timeliness: Form filed 2026-06-01 for 2026-05-29 trades; no late-filing flag indicated in the provided data.
Context
These were open-market sales by a company director (sale code S). Sales by insiders can be for many personal reasons and do not necessarily signal a change in company outlook; the filing provides weighted-average prices and price ranges for the multiple executions. If you need the exact per-trade breakdown, the filing’s footnote F1 says the reporting person will provide full details on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-29$217.67/sh−1,320$287,322→ 5,844 total - Sale
Common Stock
[F1][F3]2026-05-29$218.59/sh−1,084$236,956→ 4,760 total - Sale
Common Stock
[F1][F4]2026-05-29$219.54/sh−740$162,460→ 4,020 total - Sale
Common Stock
[F1][F5]2026-05-29$220.30/sh−356$78,426→ 3,664 total
- 12,027.253(indirect: Held in Directors Deferred Compensation Plan)
Common Stock
Footnotes (5)
- [F1]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 (2) through (5) of this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.345 to $217.920, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.160 to $218.925, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.310 to $219.920, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.150 to $220.480, inclusive.