Chadwick Shelly Marie 4
Research Summary
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MATERION (MTRN) CFO Shelly Marie Chadwick Receives Award
What Happened
- Shelly Marie Chadwick, Vice President, Finance & Chief Financial Officer of MATERION Corp (MTRN), was granted 8 restricted stock units (RSUs) on June 12, 2026. The transaction is recorded as an award/acquisition of a derivative instrument at $0.00 per unit (total reported value $0).
- This was an award of RSUs (not an open-market purchase or sale). RSUs represent the right to receive one share of MTRN common stock upon vesting; their future value will depend on the company’s share price at settlement.
Key Details
- Transaction date and price: June 12, 2026 — 8 RSUs acquired at $0.00 (derivative award).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 — each RSU converts to one share when settled; F2 — these RSUs were acquired through reinvestment of dividend equivalents and will vest alongside the related RSUs; F3 — expiration date equals date exercisable for related derivative terms.
- Filing timeliness: Form 4 filed June 16, 2026, which is within the two-business-day filing window following the June 12 transaction (timely).
Context
- RSU awards and dividend-equivalent reinvestments are routine compensation events for executives and do not by themselves indicate an immediate buy/sell decision. These RSUs will convert to shares only if/when they vest or are settled per the plan terms.