Martin Marietta (NYSE: MLM) COO granted 8,101 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samborski Christopher William reported acquisition or exercise transactions in this Form 4 filing.
Martin Marietta Materials executive Christopher William Samborski, EVP and COO, reported an equity grant. On May 1, he received 8,101 shares of Common Stock through a restricted stock unit award at a stated price of $0.00 per share.
Following this award, his directly held Common Stock position increased to 21,762 shares. The restricted stock unit award was granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan and vests pro rata in three equal installments on the sixth, seventh, and eighth anniversaries of the award date, subject to continued employment and other conditions in the award agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Samborski Christopher William
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,101 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,762 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU award size: 8,101 shares
Post-grant holdings: 21,762 shares
Vesting installments: 3 installments
3 metrics
RSU award size
8,101 shares
Restricted stock unit grant of Common Stock on May 1
Post-grant holdings
21,762 shares
Direct Common Stock ownership after the transaction
Vesting installments
3 installments
Equal vesting on 6th, 7th and 8th anniversaries of award date
Key Terms
Restricted stock unit award, Amended and Restated Stock-Based Award Plan, vests pro rata
3 terms
Restricted stock unit award financial
"Restricted stock unit award granted under the Martin Marietta Materials, Inc."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Amended and Restated Stock-Based Award Plan financial
"granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan"
vests pro rata financial
"which award vests pro rata in three equal installments on the sixth, seventh and eighth anniversaries"
FAQ
What insider transaction did Martin Marietta (MLM) EVP Christopher Samborski report?
Christopher William Samborski reported receiving 8,101 shares of Common Stock through a restricted stock unit award. The grant is recorded at a stated price of $0.00 per share and represents compensation rather than an open-market stock purchase or sale.
What is the vesting schedule for Christopher Samborski’s new Martin Marietta RSU award?
The restricted stock unit award vests pro rata in three equal installments. Vesting occurs on the sixth, seventh, and eighth anniversaries of the award date, and is subject to continued employment and additional terms and conditions specified in the award agreement.
Is Christopher Samborski’s Martin Marietta Form 4 an open‑market buy or sell of MLM stock?
The filing reports a grant classified as a “Grant, award, or other acquisition,” not an open‑market trade. The 8,101 shares of Common Stock were received at a stated price of $0.00 per share as a restricted stock unit award under the company’s stock‑based plan.
Under which plan was the Martin Marietta (MLM) restricted stock unit award to Christopher Samborski granted?
The award was granted under the Martin Marietta Materials, Inc. Amended and Restated Stock‑Based Award Plan. This plan governs the terms of equity‑based compensation awards, including the restricted stock unit grant disclosed in Samborski’s Form 4 filing.