MLM (NYSE: MLM) CFO Petro reports tax-withholding stock dispositions
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Petro Michael J
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 94 | $696.85 | $66K |
| Tax Withholding | Common Stock | 211 | $683.60 | $144K |
Holdings After Transaction:
Common Stock — 12,398.603 shares (Direct)
Footnotes (1)
FAQ
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.