MLM (NYSE: MLM) CEO reports tax-withholding stock dispositions, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martin Marietta Materials Chairman, President & CEO C. Howard Nye reported two tax-withholding dispositions of common stock related to equity compensation. On February 24, he disposed of 1,221 shares at $696.85 per share, and on February 23 he disposed of 1,805 shares at $683.60 per share, both to cover tax liabilities rather than open-market sales. After these transactions, he held 170,119 shares directly, and 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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,221 | $696.85 | $851K |
| Tax Withholding | Common Stock | 1,805 | $683.60 | $1.23M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 170,119 shares (Direct);
Common Stock — 70,400 shares (Indirect, By Charles Howard Nye Irrevocable Trust)
Footnotes (1)
FAQ
What insider transactions did MLM CEO C. Howard Nye report?
C. Howard Nye reported two tax-withholding dispositions of Martin Marietta Materials common stock, coded “F”. These transactions used shares to satisfy tax obligations tied to equity awards, rather than representing open-market purchases or sales of the company’s stock.
Are the reported MLM insider transactions open-market sales?
No. The transactions are coded “F” as tax-withholding dispositions, meaning shares were delivered to satisfy tax liabilities. They are not open-market sales, but instead reflect administrative handling of equity compensation owed to the CEO.