Solomon Darlene J. S. 4
Research Summary
AI-generated summary
MTRN Director Darlene J. S. Solomon Receives Award
What Happened
Darlene J. S. Solomon, a director of MATERION Corp (MTRN), was credited with 2 restricted stock units (RSUs) on March 6, 2026. The Form 4 reports these as an acquisition (award) of 2 shares at $0.00 (derivative award). These RSUs were acquired through reinvestment of dividend equivalents rather than an out‑of‑pocket purchase.
Key Details
- Transaction date and type: 2026-03-06 — Award/Grant (derivative) of 2 RSUs reported at $0.00.
- Filing date: Form 4 filed 2026-03-10 (filed within the usual two-business-day window for a Mar 6 transaction).
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Footnotes of note:
- F1: Each RSU represents a right to receive one share of MTRN common stock.
- F2: These RSUs were acquired upon reinvestment of dividend equivalents and will vest at the same time as the related RSUs — the earlier of May 8, 2026 and the date of the next annual meeting of shareholders.
- F3: “Expiration Date is the same as the Date Exercisable” (as noted in the filing).
Context
RSUs are a form of deferred compensation: they convert to actual shares only when they vest. This transaction reflects an administrative credit from dividend-equivalent reinvestment rather than a cash purchase or sale, and the small size (2 RSUs) is routine and not necessarily a market signal. No immediate sale or exercise occurred; shares will be deliverable only after vesting per the schedule above.