MLM (MLM) CEO nets stock award, disposes shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martin Marietta Materials Chairman, President and CEO C. Howard Nye reported equity compensation activity in the form of common stock. He acquired 22,365 shares at $0.00 per share as a grant/award, reflecting settlement of performance share units previously granted under the company’s stock-based award plan.
On the same date, 9,717 shares of common stock were disposed of at $666.53 per share to satisfy tax obligations through a tax-withholding disposition. Following these transactions, Nye directly owned 164,524 common shares, and an additional 70,400 shares were held indirectly through the Charles Howard Nye Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Nye C Howard
Role
Chairman, Pres & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,365 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,717 | $666.53 | $6.48M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 174,241 shares (Direct);
Common Stock — 70,400 shares (Indirect, By Charles Howard Nye Irrevocable Trust)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did MLM CEO C. Howard Nye report on this Form 4?
C. Howard Nye reported acquiring 22,365 shares of Martin Marietta Materials common stock as an equity award and disposing of 9,717 shares to cover tax obligations. These movements reflect stock-based compensation settlement rather than open-market buying or selling activity.
What performance period governed the CEO’s Martin Marietta PSU award?
The performance share units covered a three-year performance period from January 1, 2023, through December 31, 2025. The compensation committee certified performance and approved settlement on February 17, 2026, after the PSUs had vested on December 31, 2025.