MLM CEO awarded 22,365 shares, disposes 9,717
Martin Marietta Materials Chairman, President and CEO C. Howard Nye reported equity compensation activity in the form of common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,365 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,717 | $666.53 | $6.48M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents the settlement of performance share units into common stock that were granted under the Martin Marietta Amended and Restated Stock Based Award Plan on February 24, 2023. The ultimate amount of shares to be received under the grant depended on the achievement of performance goals during a three-year performance period from January 1, 2023, through December 31, 2025. On February 17, 2026, Martin Marietta's Management Development and Compensation Committee certified the attainment of the applicable performance goals and approved the settlement of the PSU grant. The shares underlying the PSUs vested on December 31, 2025.
FAQ
What insider transactions did MLM CEO C. Howard Nye report on this Form 4?
What performance period governed the CEO’s Martin Marietta PSU award?
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