Martin Marietta CHRO granted 1,277 RSUs
McCunniff Donald A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McCunniff Donald A. reported acquisition or exercise transactions in this Form 4 filing.
Martin Marietta Materials executive vice president and chief human resources officer Donald A. McCunniff received an award of 1,277 shares of common stock in the form of restricted stock units. The grant was made at no cash cost to him and was issued under the company’s Amended and Restated Stock-Based Award Plan.
The restricted stock units vest in equal annual installments over three years from the grant date, encouraging longer-term retention and alignment with shareholders. After this grant, McCunniff directly holds 4,750 shares of Martin Marietta common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,277 | $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 did Martin Marietta (MLM) EVP and CHRO Donald McCunniff report on this Form 4?
What type of equity award did Martin Marietta (MLM) grant to Donald McCunniff?
How do the restricted stock units granted to MLM’s Donald McCunniff vest over time?
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