Martin Marietta CEO granted 5,919 share units
Nye C Howard reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Nye C Howard reported acquisition or exercise transactions in this Form 4 filing.
Martin Marietta Materials Chairman, President and CEO C. Howard Nye received an equity grant tied to company stock. He was awarded 5,919 restricted stock units on common stock at no cash cost, increasing his directly held shares to 176,038.
The award was granted under the company’s Amended and Restated Stock-Based Award Plan and will cliff vest on the third anniversary of the award date, subject to continued employment and other terms in the award agreement. Nye also indirectly holds 70,400 shares through the Charles Howard Nye Irrevocable Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,919 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Restricted stock unit award granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan, which award cliff vests on the third anniversary of the award date, subject to continued employment and other terms and conditions specified in the award agreement.
FAQ
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What did Martin Marietta (MLM) CEO C. Howard Nye report on this Form 4?
What are the vesting terms of the 5,919 restricted stock units granted to the MLM CEO?
Was there any cash paid for the 5,919 Martin Marietta restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.