MATERION CEO Jugal K. Vijayvargiya Receives 11 RSU Award

What Happened

• Jugal K. Vijayvargiya, President, CEO and director of MATERION Corp (MTRN), was granted 11 restricted stock units (RSUs) on June 12, 2026. The Form 4 reports an acquisition of 11 derivative units at $0.00 (grant/award). This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction type: Grant/Award (Code A)
• Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (reporting period 2026-06-12)
• Units acquired: 11 RSUs at $0.00; total value shown on the form: $0
• Nature of award: Derivative RSUs (each RSU represents a right to receive one share) — see footnote F1
• Dividend equivalents: Footnote F2 indicates some units were acquired via reinvested dividend equivalents and will vest with the related RSUs
• Vesting/exercisable note: Footnote F3 states the expiration date equals the date exercisable (as noted in the filing)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Timeliness: Filing date is 6/16/2026 for a 6/12/2026 transaction; no late‑filing flag indicated in the supplied details

Context

• RSUs are compensation awards that convert to actual shares only upon vesting; they are not an immediate market purchase and typically reflect company pay practices rather than direct trading intent. The $0 grant value on the Form 4 reflects the award reporting; it does not mean shares are currently tradable.