Martin Marietta (NYSE: MLM) director receives 69-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martin Marietta Materials director David C. Wajsgras received a stock-based compensation award of 69 shares of Common Stock at $581.64 per share. The award was reported as an acquisition under a director compensation plan, not as an open-market purchase or sale.
After this grant, Wajsgras directly holds 5,028 shares of Martin Marietta Materials Common Stock. According to the related plan, these common stock units are deferred and will be settled in stock in a lump sum or installments after he ceases to be a non-employee director or at an elected later date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WAJSGRAS DAVID C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 69 | $581.64 | $40K |
Holdings After Transaction:
Common Stock — 5,028 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 69 shares
Grant price per share: $581.64 per share
Holdings after award: 5,028 shares
3 metrics
Stock award size
69 shares
Grant of Common Stock to director on May 29, 2026
Grant price per share
$581.64 per share
Reported value for director stock award
Holdings after award
5,028 shares
Director’s direct Common Stock holdings following the grant
Key Terms
Common Stock Purchase Plan for Directors, common stock units, Non-Employee Director
3 terms
Common Stock Purchase Plan for Directors financial
"Common stock units were accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors"
common stock units financial
"Common stock units were accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors"
A common stock unit is a tradable ownership interest that represents one or more ordinary shares in a company, giving the holder a stake in profits, a claim on assets after creditors, and usually voting rights on corporate matters. For investors it matters because these units determine how much of the company you own, how much influence you have, and how returns or losses are shared—think of owning slices of a pie that can be increased or diluted by the company’s actions.
Non-Employee Director financial
"commencing on (i) the date the reporting person ceases to be a Non-Employee Director"
FAQ
What insider transaction did Martin Marietta Materials (MLM) report for David C. Wajsgras?
Martin Marietta Materials reported that director David C. Wajsgras received a grant of 69 shares of Common Stock. The award is classified as a compensation-related acquisition, not an open-market trade, and reflects stock-based director fees rather than a discretionary stock purchase.
How and when will the Martin Marietta (MLM) director’s stock units from this grant be settled?
The common stock units from this grant will be settled in stock in a lump sum or installments. Settlement begins after the director ceases to be a non-employee director or on a later date elected under the company’s Common Stock Purchase Plan for Directors.