Executive at Martin Marietta (NYSE: MLM) reports stock award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martin Marietta Materials senior vice president and CIO Jason Paul Flynn reported equity compensation activity involving company common stock. He acquired 222 shares at no cost as a grant and award settlement, increasing his direct holdings as part of long-term incentive compensation.
These 222 shares reflect the settlement of previously granted performance share units tied to goals measured from January 1, 2023 through December 31, 2025, which were certified and approved for settlement on February 17, 2026. In a separate tax-withholding disposition, 107 shares were delivered at a price of $666.53 per share to cover tax obligations, leaving him with 4,514 directly owned shares after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Flynn Jason Paul
Role
SVP and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 222 | $0.00 | -- |
| Tax Withholding | Common Stock | 107 | $666.53 | $71K |
Holdings After Transaction:
Common Stock — 4,621 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Jason Paul Flynn report for MARTIN MARIETTA MATERIALS INC (MLM)?
Jason Paul Flynn reported an equity award settlement and a related tax-withholding share disposition involving Martin Marietta Materials common stock. He received shares from vested performance units and simultaneously had shares withheld to satisfy tax liabilities, all as part of executive compensation rather than open-market trading.
What does the tax-withholding transaction on Jason Paul Flynn’s MLM Form 4 represent?
The Form 4 shows a tax-withholding disposition of 107 Martin Marietta shares at $666.53 per share. These shares were delivered to cover exercise price or tax liabilities tied to the equity award, and do not reflect an open-market sale initiated for portfolio or valuation reasons.
Were Jason Paul Flynn’s MLM transactions open-market buys or sells?
The transactions were equity compensation-related, not open-market trades. One entry records an award acquisition of shares upon performance share unit settlement, while the other records a tax-withholding disposition, where shares are delivered to cover tax obligations associated with that compensation.