Materion Corp: Director Changes, Executive Comp, Shareholder Votes
Ticker: MTRN · Form: 8-K · Filed: May 7, 2025 · CIK: 1104657
| Field | Detail |
|---|---|
| Company | Materion Corp (MTRN) |
| Form Type | 8-K |
| Filed Date | May 7, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, shareholder-vote
Related Tickers: MATR
TL;DR
Materion's board is shuffling, exec pay is changing, and shareholders are voting on key issues.
AI Summary
Materion Corporation announced on May 7, 2025, a series of significant corporate actions. These include the departure of a director, the election of new directors, and adjustments to executive compensation arrangements. Additionally, the company is submitting matters to a vote of its security holders and filing financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, while shareholder votes directly impact corporate decisions.
Risk Assessment
Risk Level: medium — Changes in directorships, executive compensation, and shareholder votes can indicate internal shifts or upcoming strategic decisions that may carry financial implications.
Key Numbers
- 001-15885 — SEC File Number (Identifies the company's filings with the SEC.)
- 34-1919973 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- MATERION Corporation (company) — Registrant
- Ohio (location) — State of incorporation
- Mayfield Hts. (location) — City of principal executive offices
- BRUSH ENGINEERED MATERIALS INC (company) — Former company name
FAQ
What specific executive compensation arrangements were adjusted?
The filing indicates "Compensatory Arrangements of Certain Officers" as an item of information, but the specific details of these arrangements are not provided in this summary.
Who are the newly elected directors?
The filing mentions the "Election of Directors" but does not name the individuals elected in this summary.
What matters are being submitted to a vote of security holders?
The filing states "Submission of Matters to a Vote of Security Holders" as an item of information, but the specific proposals are not detailed here.
When was the company formerly known as BRUSH ENGINEERED MATERIALS INC?
The date of the name change from BRUSH ENGINEERED MATERIALS INC to MATERION CORPORATION was January 31, 2000.
What is the primary business of MATERION Corp?
MATERION Corp is in the "METAL FORGING & STAMPINGS" industry, with SIC code 3460.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 7, 2025 regarding MATERION Corp (MTRN).