Insider Trends: Materion Insider Exercises Options Extending 90-Day Buying Trend
08:53 AM EDT, 05/10/2021 (MT Newswires) -- Craig S Shular, Director, on May 06, 2021, exercised options for 2,012 shares in Materion (MTRN) for $154,381. Subsequent to the Form 4 filing with the SEC, Shular has control over 49,321 shares of the company of which 3,244 shares are held directly and 46,077 are controlled indirectly. These holdings have an approximate market value of $3.74 million as of the prior-day closing price.
Over the last 90 days, previous to the date of this filing, there have been 13 insider transactions reported to the SEC for Materion. These transactions came from the activities of 7 separate insiders that resulted in a net acquisition of 5,427 company shares. This compares with the preceding 90-day window of time where there were 13 transactions from 7 insiders that resulted in the net acquisition of 25,931 shares.
This is lower than the average level of insider transactions in the 10-company Nonferrous Metal Processing peer group over the last 90-day period. Within the peer group activity averaged 83.7 transactions per company, and disposition of 1,639,252 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1104657/000110465721000047/xslF345X03/wf-form4_162065107105118.xml
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