MLM CFO reports tax-withholding share dispositions
Martin Marietta Materials SVP and CFO Michael J. Petro reported two Form 4 transactions involving company common stock.
Rhea-AI Filing Summary
Martin Marietta Materials SVP and CFO Michael J. Petro reported two Form 4 transactions involving company common stock. On February 23, he had a tax-withholding disposition of 211 shares at $683.60 per share, and on February 24 a similar disposition of 94 shares at $696.85 per share. After these transactions, he directly owned 12,398.6026 shares of Martin Marietta Materials common stock.
Positive
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Insider Trade Summary
Exercise Price or Tax Liability: 305 shares
Exercise Price or Tax Liability
2 txns
Insider
Petro Michael J
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 94 | $696.85 | $66K |
| Exercise Price or Tax Liability | Common Stock | 211 | $683.60 | $144K |
Holdings After Transaction:
Common Stock — 12,398.6026 shares (Direct)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Martin Marietta Materials (MLM) report for Michael J. Petro?
Martin Marietta Materials reported that SVP and CFO Michael J. Petro had two Form 4 transactions. Both were tax-withholding dispositions of common stock, one for 211 shares and another for 94 shares, executed at prices above $680 per share.
What is the nature of Michael J. Petro’s Form 4 transactions in MLM stock?
The transactions are classified as tax-withholding dispositions under code F. This means shares were withheld or delivered to cover tax liabilities, rather than open-market purchases or sales, and both involved Martin Marietta Materials common stock at specified per-share prices.
On what dates did Michael J. Petro’s recent MLM stock transactions occur?
Michael J. Petro’s reported transactions occurred on February 23 and February 24, 2026. Each date reflects a separate tax-withholding disposition in Martin Marietta Materials common stock, with different share amounts and transaction prices per share.
Does Michael J. Petro’s Form 4 indicate open-market buying or selling of MLM stock?
The Form 4 indicates tax-withholding dispositions, not open-market buying or selling. The transactions use code F, described as payment of exercise price or tax liability by delivering securities, which differs from discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.