MATERION Corp·4

Jun 16, 1:29 PM ET

Vijayvargiya Jugal K. 4

4 · MATERION Corp · Filed Jun 16, 2026

Research Summary

AI-generated summary of this filing

Updated

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.

Insider Transaction Report

Form 4
Period: 2026-06-12
Vijayvargiya Jugal K.
DirectorPresident and CEO
Transactions
  • Award

    Restricted Stock Units

    [F1][F2][F3]
    2026-06-12+1119,110 total
    Common Stock (11 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit (RSU) represents a right to receive one share of MTRN common stock.
  • [F2]These 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.
  • [F3]Expiration Date is the same as the Date Exercisable.
Signature
/s/Michelle R. Mekinda, as Attorney-In-Fact|2026-06-16

Documents

1 file
  • 4
    wk-form4_1781630968.xmlPrimary

    FORM 4