Prevost Patrick M. 4
4 · MATERION Corp · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
MATERION (MTRN) Director Patrick M. Prevost Receives RSU Award
What Happened
- Patrick M. Prevost, a director of MATERION Corp (MTRN), was awarded a total of 17.445 restricted stock units (RSUs) on March 6, 2026 — 15.445 RSUs as an award and 2 RSUs acquired as reinvested dividend equivalents. The units were granted at $0.00 (i.e., awarded as compensation), so no cash was paid by the insider.
Key Details
- Transaction date: 2026-03-06; Form 4 filed 2026-03-10 (timely filing within required business days).
- Award details: 15.445 RSUs (primary award) and 2 RSUs (derivative, from reinvested dividend equivalents).
- Price: $0.00 per unit (awarded, not purchased); total cash cost to insider = $0.
- Shares owned after transaction: not specified in the filing excerpt.
- Footnotes: F1—each RSU represents one share of MTRN common stock; F2—the 2 dividend-equivalent RSUs will vest at the same time as the related RSUs (earlier of May 8, 2026 and the date of the next annual meeting); F3 referenced but not material to these RSUs.
Context
- RSUs are a form of compensation that convert into shares upon vesting; this award is routine compensation (not an open-market purchase or sale) and does not by itself indicate an immediate buy/sell view by the insider.
- The derivative RSUs were created by reinvesting dividend equivalents and will vest on the same schedule as the related RSUs.
Insider Transaction Report
Form 4
MATERION CorpMTRN
Prevost Patrick M.
Director
Transactions
- Award
Common Stock
2026-03-06+15.445→ 16,172.28 total(indirect: Held In Directors Deferred Comp. Plan) - Award
Restricted Stock Units
[F1][F2][F3]2026-03-06+2→ 2,006 total→ Common Stock (2 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a right to receive one share of MTRN common stock.
- [F2]These restricted stock units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the restricted stock units to which they relate (earlier of May 8, 2026 and the date of the next annual meeting of MTRN's shareholders).
- [F3]Expiration Date is the same as the Date Exercisable.
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact|2026-03-10