MLM CFO granted 931 restricted stock units
Petro Michael J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Petro Michael J reported acquisition or exercise transactions in this Form 4 filing.
Martin Marietta Materials reported that Senior Vice President and Chief Financial Officer Michael J. Petro received an equity compensation grant of 931 shares of common stock on February 20, 2026. These shares were awarded as restricted stock units under the company’s Amended and Restated Stock-Based Award Plan and carry no purchase price.
The award vests in equal installments over three years from the grant date, meaning Petro earns the shares gradually over time as he continues in his role. Following this grant, his directly held common stock position increased to 12,703.6026 shares, reflecting ongoing alignment of executive compensation with shareholder interests through stock-based awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 931 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock unit award granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan, which award vests pro rata in equal installments over three years from the date of grant.
FAQ
What insider transaction did MLM executive Michael J. Petro report?
How does the restricted stock unit award to MLM’s CFO vest over time?
Under which plan was Michael J. Petro’s MLM stock award granted?
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