Materion Corp: Director Changes, Executive Comp, Shareholder Votes

Ticker: MTRN · Form: 8-K · Filed: 2025-05-07T00:00:00.000Z

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

Key Players & Entities

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.

From the Filing

0001104657-25-000071.txt : 20250507 0001104657-25-000071.hdr.sgml : 20250507 20250507153803 ACCESSION NUMBER: 0001104657-25-000071 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250507 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250507 DATE AS OF CHANGE: 20250507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATERION Corp CENTRAL INDEX KEY: 0001104657 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] ORGANIZATION NAME: 04 Manufacturing EIN: 341919973 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15885 FILM NUMBER: 25921007 BUSINESS ADDRESS: STREET 1: 6070 PARKLAND BLVD. CITY: MAYFIELD HTS. STATE: OH ZIP: 44124 BUSINESS PHONE: 2163834931 MAIL ADDRESS: STREET 1: 6070 PARKLAND BLVD. CITY: MAYFIELD HTS. STATE: OH ZIP: 44124 FORMER COMPANY: FORMER CONFORMED NAME: BRUSH ENGINEERED MATERIALS INC DATE OF NAME CHANGE: 20000131 8-K 1 mtrn-20250507.htm 8-K mtrn-20250507 0001104657 false 0001104657 2025-05-07 2025-05-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) May 7, 2025 MATERION CORPORATION (Exact name of registrant as specified in its charter) Ohio 001-15885 34-1919973 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 6070 Parkland Blvd. , Mayfield Hts. , Ohio 44124 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code ( 216 ) 486-4200 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, no par value MTRN New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§204.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. At the 2025 Annual Meeting of Shareholders of Materion Corporation (the "Company") held on May 7, 2025 (the "Annual Meeting"), the Company's shareholders approved the Materion Corporation 2025 Equity and Incentive Compensation Plan (the "2025 Plan"). The 2025 Plan will succeed in their entirety the Materion Corporation 2006 Stock Incentive Plan (as amended and restated to date) and the Materion Corporation 2006 Non-employee Director Equity Plan (as amended and restated to date), herein referred to as the "Pr

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