Vijayvargiya Jugal K. 4

What Happened

• Jugal K. Vijayvargiya, President & CEO (and Director) of MATERION Corp (MTRN), was awarded restricted stock units and subsequently had shares withheld to satisfy tax withholding. On 2026-03-06 he was granted 25 RSUs (worth $0 exercise price) and acquired 18 derivative RSUs (from reinvested dividend equivalents). On 2026-03-09, 14 shares were disposed (withheld) to cover tax liabilities at $144.19/share, totaling $2,019.
• These transactions are routine award grants and a tax-withholding share surrender rather than an open-market sale.

Key Details

• Grant dates and amounts: 2026-03-06 — 25 RSUs @ $0.00 (acquired) and 18 derivative RSUs @ $0.00 (acquired).
• Tax withholding: 2026-03-09 — 14 shares withheld/disposed at $144.19/share; total value $2,019 (transaction code F).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — each RSU equals one share; F2 — the 18 RSUs were from reinvested dividend equivalents and will vest with the related RSUs; F3 — expiration date equals date exercisable (not directly relevant here).
• Filing: Form 4 filed 2026-03-10 for transactions dated 2026-03-06 — filing appears on time under the SEC two-business-day rule.

Context

• RSU grants are compensation awards that convert to shares at vesting; the derivative RSUs here reflect reinvested dividend equivalents and do not indicate an independent purchase decision.
• The 14-share disposal was a tax-withholding action (common for RSU vesting), not an open-market sale — such withholdings are routine and typically do not signal the insider’s view on the stock.