Director at Materion (MTRN) granted restricted stock units and shares
Rhea-AI Filing Summary
MATERION Corp director Vinod M. Khilnani reported routine equity compensation-related acquisitions. He received 2 restricted stock units on March 6, 2026, each representing one share of MTRN common stock, acquired through reinvested dividend equivalents. These units vest on the earlier of May 8, 2026 and the next annual shareholder meeting.
On the same date, he also acquired 19.112 shares of common stock credited to a Directors Deferred Compensation Plan account. Following these updates, his reported positions include 2,006 restricted stock units held directly, 20,011.843 shares of common stock held indirectly through the deferred compensation plan, and 13,665 shares of common stock held directly, indicating no open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insights
Filing shows routine stock awards, no open-market trading.
Director Vinod M. Khilnani received restricted stock units and deferred common stock on March 6, 2026. Both transactions use code A, indicating grants or awards rather than discretionary market purchases. The RSUs stem from dividend-equivalent reinvestment and follow existing vesting terms.
The filing lists 2,006 restricted stock units and 20,011.843 deferred common shares after these transactions, plus 13,665 directly held common shares. With no reported buys or sells and no remaining derivatives in the derivativeSummary, this appears to be standard board compensation accounting, carrying limited directional signal for the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| Grant/Award | Common Stock | 19.112 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of MTRN common stock. These restricted stock 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 (earlier of May 8, 2026 and the date of the next annual meeting of MTRN's shareholders). Expiration Date is the same as the Date Exercisable.