MATERION Corp·4

Jun 16, 1:29 PM ET

Chemnitz Gregory R. 4

Research Summary

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MATERION (MTRN) VP General Counsel Gregory Chemnitz Receives Award

What Happened

  • Gregory R. Chemnitz, VP General Counsel & Secretary of MATERION Corp (MTRN), was granted/acquired 2 restricted stock units (RSUs) on 2026-06-12. The units were recorded as a derivative award at $0.00 per unit (no cash paid).

Key Details

  • Transaction date: 2026-06-12; Form 4 filed: 2026-06-16.
  • Transaction type: Award/Grant (derivative RSUs) — 2 units @ $0.00.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes from the filing:
    • F1: Each restricted stock unit represents a right to receive one share of MTRN common stock.
    • F2: These units were acquired upon reinvestment of dividend equivalents and will vest at the same time as the related RSUs.
    • F3: Expiration Date is the same as the Date Exercisable (administrative detail for the award).
  • No indication in the excerpt that the filing was late; Form 4 was reported four days after the transaction.

Context

  • This was a small, non-cash derivative award tied to dividend reinvestment rather than an open-market purchase or sale. Such dividend-reinvested RSUs are routine and generally administrative in nature rather than a direct signal of insider buying or selling sentiment.