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MTRNMATERION Corp · Insider ownership research

MATERION Corp insiders sold $18.6M in the past 12 months. How much of their stake is that?

2% was sold under disclosed trading plans, 98% with no plan disclosed. The largest seller, Jugal Vijayvargiya (President and CEO, Director), sold $10.9M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$18.1M
sold with no plan disclosed, past 12 months
2.2%
of sales were under disclosed trading plans, past 12 months
8 of 13
officers and directors sold shares, past 12 months
Is this normal? More than usual: $18.6M sold, after almost none in the past 5 years. 8 insiders sold; the average is 3 a year. Year by year
Latest filing: Filed Oct 16 for a stock award on Oct 14. Craig Shular received an award of 89 shares. Filing
SEC ownership filings: 91 filed in the 12 months to Oct 16, 2026; 1,469 on record since May 23, 2003 · See the evidence

What stands out

Five insiders sold $17.1M with no disclosed plan: Jugal Vijayvargiya ($10.9M), Shelly Chadwick ($2.0M) and Vinod Khilnani ($1.6M), plus 2 more. The filings don't state a reason.Jugal Vijayvargiya: largest such sale, Aug 7, 2026 · Shelly Chadwick: largest such sale, Feb 23, 2026 · Vinod Khilnani: largest such sale, Aug 31, 2026
Jugal Vijayvargiya, the biggest seller, had more shares withheld by the company for taxes ($11.6M) than sold on the open market ($10.9M).Largest withholding, Aug 7, 2026

A share of stake is shown for 0 of the 8 officers and directors who sold. 13 are left out

i
Left out: Jugal Vijayvargiya, Craig Shular, Mohan Reddy, Vinod Khilnani, Darlene Solomon, Robert Toth, Shelly Chadwick, Robert Phillippy, Patrick Prevost, Gregory Chemnitz, Emily Liggett, Melissa Fashinpaur and Thomas Edman (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Jugal Vijayvargiya
President and CEO, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$10.9MNo plan disclosed
Shelly Chadwick
Vice President, Finance & CFO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.5M17% planned 83% no plan disclosed
Vinod Khilnani
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.6MNo plan disclosed
Gregory Chemnitz
VP General Counsel & Secretary
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.4MNo plan disclosed
Darlene Solomon
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.1MNo plan disclosed
All 8 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $98K no plan disclosedNovDecJanFeb 2026: $6.4M no plan disclosedFebMar 2026: $406K under a disclosed planMar 2026: $760K no plan disclosedMarAprMay 2026: $1.5M no plan disclosedMayJunJulAug 2026: $9.1M no plan disclosed$9.1MAugSep 2026: $235K no plan disclosedSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 1, 2026Emily Liggett sold 1K shares ($235K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Emily Liggett
Director
1,012$232.42n/an/aSep 1, 2026Sep 3, 2026

Common questions

Is the MATERION Corp CEO selling stock?

Yes. Jugal Vijayvargiya sold 50K shares ($10.9M) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are MATERION Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 2% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 98% had no disclosed plan. A trading plan schedules sales in advance.

Are any MATERION Corp insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold8 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Jugal Vijayvargiya
President and CEO, Director
$10.9M
50K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Shelly Chadwick
Vice President, Finance & CFO
$2.5M
14K shares
Not confirmed
share of stake is being verified. Why
17% under a disclosed plan 83% no plan disclosed
Vinod Khilnani
Director
$1.6M
8.5K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Gregory Chemnitz
VP General Counsel & Secretary
$1.4M
9.4K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Darlene Solomon
Director
$1.1M
3.7K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Robert Phillippy
Director
$765K
3.5K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Emily Liggett
Director
$235K
1K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Melissa Fashinpaur
Chief Accounting Officer
$49K
309 shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 13 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Jugal Vijayvargiya
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jugal Vijayvargiya are complete.
President and CEO, Director
n/a−50Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jugal Vijayvargiya

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jugal Vijayvargiya are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−57Kwithheld by the company for taxes
Craig Shular
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Craig Shular are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Craig Shular

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Craig Shular are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mohan Reddy
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mohan Reddy are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mohan Reddy

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mohan Reddy are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Vinod Khilnani
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Vinod Khilnani are complete.
Director
n/a−8.5Kn/an/a
Vesting, gifts, unvested awards and holding lines for Vinod Khilnani

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Vinod Khilnani are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Darlene Solomon
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Darlene Solomon are complete.
Director
n/a−3.7Kn/an/a
Vesting, gifts, unvested awards and holding lines for Darlene Solomon

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Darlene Solomon are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Toth
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Toth are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Toth

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Toth are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Shelly Chadwick
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Shelly Chadwick are complete.
Vice President, Finance & CFO
n/a−14Kn/an/a
Vesting, gifts, unvested awards and holding lines for Shelly Chadwick

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Shelly Chadwick are complete; balances and unit counts will be added when the check is finished.

−225gifted (net of own trusts)
−18Kwithheld by the company for taxes
Robert Phillippy
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Phillippy are complete.
Director
n/a−3.5Kn/an/a
Vesting, gifts, unvested awards and holding lines for Robert Phillippy

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Phillippy are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Patrick Prevost
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Patrick Prevost are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Patrick Prevost

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Patrick Prevost are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Gregory Chemnitz
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Gregory Chemnitz are complete.
VP General Counsel & Secretary
n/a−9.4Kn/an/a
Vesting, gifts, unvested awards and holding lines for Gregory Chemnitz

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Gregory Chemnitz are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−8.5Kwithheld by the company for taxes
Emily Liggett
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Emily Liggett are complete.
Director
n/a−1Kn/an/a
Vesting, gifts, unvested awards and holding lines for Emily Liggett

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Emily Liggett are complete; balances and unit counts will be added when the check is finished.

−1.6Kgifted (net of own trusts)
Melissa Fashinpaur
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Melissa Fashinpaur are complete.
Chief Accounting Officer
n/a−309n/an/a
Vesting, gifts, unvested awards and holding lines for Melissa Fashinpaur

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Melissa Fashinpaur are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−302withheld by the company for taxes
Thomas Edman
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Edman are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Edman

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Edman are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for MATERION Corp are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$18.6M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $18.6M across 90,363 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($18.1M), including tax-related sales outside a plan.

No plan disclosed · $18.1M

Sales with no 10b5-1 plan and no tax reference in the filing. $10.9M of it is Jugal Vijayvargiya. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Jugal Vijayvargiya, Aug 7, 2026

Taxes

83,913 shares ($16.3M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Jugal Vijayvargiya
President and CEO, Director
50K$10.9M0%59%Feb 17, 2026 to Aug 7, 2026
Shelly Chadwick
Vice President, Finance & CFO
14K$2.5M17%13%Feb 23, 2026 to Aug 7, 2026
Vinod Khilnani
Director
8.5K$1.6M0%9%Feb 17, 2026 to Aug 31, 2026
Gregory Chemnitz
VP General Counsel & Secretary
9.4K$1.4M0%8%Nov 4, 2025 to Mar 3, 2026
Darlene Solomon
Director
3.7K$1.1M0%6%Aug 7, 2026 to Aug 7, 2026
Robert Phillippy
Director
3.5K$765K0%4%May 29, 2026 to May 29, 2026
Emily Liggett
Director
1K$235K0%1%Sep 1, 2026 to Sep 1, 2026
Melissa Fashinpaur
Chief Accounting Officer
309$49K0%0.3%Mar 3, 2026 to Mar 3, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$98K$0$0$98K
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$6.4M$0$0$6.4M
Mar 2026$1.2M$406K$0$760K
Apr 2026$0$0$0$0
May 2026$1.5M$0$0$1.5M
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$9.1M$0$0$9.1M
Sep 2026$235K$0$0$235K
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: $18.6M sold, after almost none in the past 5 years. 8 insiders sold; the average is 3 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
90K8$18.6M
Oct 16, 2025
1 year earlier
14K4$1.5M
Oct 16, 2024
2 years earlier
30K4$3.5M
Oct 17, 2023
3 years earlier
9.6K2$1.0M
Oct 17, 2022
4 years earlier
9.2K2$803K
Oct 17, 2021
5 years earlier
6.7K1$449K

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty13 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for MATERION Corp are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,469 filings on record, 91 filed in the 12-month period, and how we read them

All 1,469 Forms 3, 4 and 5 on record for MATERION Corp (SEC CIK 1104657), filed from May 23, 2003 to Oct 16, 2026; 91 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (18)No filing in 18 months; last reported balances, not in any total

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.