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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):
August 18, 2026
Martin Marietta Materials, Inc.
(Exact name of registrant as specified in its charter)
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North Carolina
(State or other jurisdiction of incorporation) |
001-12744
(Commission File Number) |
56-1848578
(IRS Employer Identification No.) |
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4123 Parklake Avenue
Raleigh, North Carolina
(Address of principal executive offices) |
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27612
(Zip Code) |
Registrant’s telephone number, including
area code: 919-781-4550
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:
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Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)) |
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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 |
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Trading Symbol |
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Name of Each
Exchange on Which Registered |
| Common Stock, $0.01 par value per share |
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MLM |
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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 (§240.12b-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 or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ☐
| Item 1.01 | Entry into a Material Definitive Agreement |
On August 18, 2026, Martin Marietta Materials, Inc. (the “Corporation”)
entered into a Credit Agreement with JPMorgan Chase Bank, N.A. (“JPMCB”), as administrative agent, and the lenders and issuing
lenders party thereto (the “Credit Agreement”), which provides for a $1,500,000,000 five-year senior unsecured revolving facility
(the “Revolving Facility”). Borrowings under the Revolving Facility bear interest, at the Corporation’s option, at rates
based upon Term SOFR or a base rate, plus, for each rate, a margin determined in accordance with a ratings-based pricing grid. The Revolving
Facility replaces the Corporation’s existing Credit Agreement, dated as of December 21, 2021, with JPMCB, as administrative agent,
and the lenders and issuing lenders party thereto (as amended, restated, amended and restated, supplemented or otherwise modified from
time to time, the “Existing Credit Agreement”). The Existing Credit Agreement had provided for a revolving facility, under
which no borrowings were outstanding prior to entering into the Revolving Facility. The Revolving Facility expires on August 18, 2031,
with any outstanding principal amounts, together with interest accrued thereon, due in full on that date. The Credit Agreement requires
that the Corporation maintain a maximum Leverage Ratio (as defined in the Credit Agreement) not to exceed 3.75:1.00, provided that following
the closing date of the Corporation’s previously announced acquisition of Lhoist North America, Inc. (the “Acquisition”),
the Corporation’s Leverage Ratio may not exceed (a) for the first three fiscal quarters ending after the Acquisition, 4.75:1.00,
(b) for the next succeeding three fiscal quarters, 4.25:1.00 and (c) thereafter, 3.75:1.00, provided further that the Corporation may
exclude from the Leverage Ratio debt incurred in connection with certain acquisitions for a period of four quarters so long as the Leverage
Ratio calculated without such exclusion does not exceed 4.25:1.00. Additionally, if there are no amounts outstanding under both the Revolving
Facility and the Corporation’s accounts receivable securitization facility, consolidated debt will be reduced for purposes of the
calculation of the Leverage Ratio by the Corporation’s cash and cash equivalents, such reduction not to exceed $500,000,000.
The Credit Agreement is filed as Exhibit 10.1 hereto and is
incorporated herein by reference, and the description of the Credit Agreement contained herein is qualified in its entirety by the terms
of the Credit Agreement.
| Item 1.02 | Termination of a Material Definitive Agreement |
The information required by Item 1.02 is included under Item
1.01 “Entry into a Material Definitive Agreement” and that information is incorporated herein by reference.
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant |
The information required by Item 2.03 is included under Item 1.01 “Entry
into a Material Definitive Agreement” and that information is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| 10.1 |
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Credit Agreement dated as of August 18, 2026, among the Corporation, the Lenders (as defined in the Credit Agreement), the Issuing Lenders (as defined in the Credit Agreement) and JPMCB.
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The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MARTIN MARIETTA MATERIALS, INC. |
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| Date: August 18, 2026 |
By: |
/s/ George Schoen |
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Name: |
George Schoen |
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Title:
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Executive Vice President, |
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General Counsel and Corporate Secretary |
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