MLM director receives stock unit award
Martin Marietta Materials director David C. Wajsgras reported an equity award under the company’s director stock plan.
Rhea-AI Filing Summary
Martin Marietta Materials director David C. Wajsgras reported an equity award under the company’s director stock plan. On this date, he acquired 56 common stock units at a reference price of $676.57 per share, increasing his directly held common stock to 4,646 shares.
The units were accrued under the Common Stock Purchase Plan for Directors and will be settled in stock in a lump sum or installments over time, generally after he ceases to be a non-employee director, according to his prior election under the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56 | $676.57 | $38K |
Footnotes (1)
- F1. Common stock units were accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors (the "Plan") and are to be settled in stock in a lump sum or in installments not to exceed 10 years commencing on (i) the date the reporting person ceases to be a Non-Employee Director, (ii) the date that is one month and one year following the date the reporting person ceases to be a Non-Employee Director, or (iii) the date elected by the Non-Employee Director that is later than the third anniversary of the date the fees are earned, in accordance with the reporting person's election under the Plan.
FAQ
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What insider transaction did MLM director David C. Wajsgras report?
At what price were the Martin Marietta (MLM) stock units valued in this award?
What plan governed the stock units awarded to the MLM director?
AI-generated analysis. How Rhea-AI works. Not financial advice.