MATERION (MTRN) VP General Counsel Gregory Chemnitz Receives 2 RSU Shares

What Happened

• Gregory R. Chemnitz, VP General Counsel & Secretary of MATERION Corp (MTRN), was awarded/acquired 2 restricted stock units (RSUs) on September 4, 2026. The reported acquisition price is $0.00 (derivative award).

Key Details

• Transaction date: 2026-09-04; Form 4 filed: 2026-09-09 (timely under the 2-business-day rule given the Labor Day holiday).
• Type: Award/Grant/Acquisition (code A); reported price: $0.00; total reported value: $0 (derivative).
• Shares acquired: 2 RSUs. The filing does not disclose total shares owned by Chemnitz after this transaction.
• Footnotes: (F1) Each RSU represents a right to receive one share of MTRN common stock. (F2) These units were acquired via reinvested dividend equivalents and will vest at the same time as the related RSUs. (F3) Expiration date equals the date exercisable (per filing).

Context

• This was an award of derivative units (RSUs/dividend-equivalent units), not an open-market purchase or sale, so it reflects compensation/vesting mechanics rather than a discretionary buy or sell by the insider. Such awards are common and do not necessarily indicate an immediate change in the insider’s market view.