Martin Marietta director granted 69 shares
Martin Marietta Materials director David C. Wajsgras received a stock-based compensation award of 69 shares of Common Stock at $581.64 per share.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 69 | $581.64 | $40K |
Footnotes (1)
- F1. Common stock units were accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors (the "Plan") and are to be settled in stock in a lump sum or in installments not to exceed 10 years commencing on (i) the date the reporting person ceases to be a Non-Employee Director, (ii) the date that is one month and one year following the date the reporting person ceases to be a Non-Employee Director, or (iii) the date elected by the Non-Employee Director that is later than the third anniversary of the date the fees are earned, in accordance with the reporting person's election under the Plan.
Key Figures
Key Terms
Common Stock Purchase Plan for Directors financial
common stock units financial
Non-Employee Director financial
FAQ
What insider transaction did Martin Marietta Materials (MLM) report for David C. Wajsgras?
How and when will the Martin Marietta (MLM) director’s stock units from this grant be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.