Martin Marietta CFO granted 9,331 stock units
MLM’s SVP and CFO received a long-vesting restricted stock unit award that increases his direct common stock holdings.
Rhea-AI Filing Summary
MARTIN MARIETTA MATERIALS INC (symbol: MLM) is the issuer of record for a Form 4 filing submitted to the SEC. Petro Michael J reported acquisition or exercise transactions in this Form 4 filing.
MARTIN MARIETTA MATERIALS INC (MLM) reported that Senior Vice President and Chief Financial Officer Michael J. Petro received an award of 9,331 shares of common stock in the form of restricted stock units on September 1, 2026. Following this grant, he holds 24,321.6026 shares of common stock directly.
The award was granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan and vests pro rata in three equal installments on the sixth, seventh and eighth anniversaries of the award date, subject to continued employment and other terms and conditions specified in the award agreement. No Rule 10b5-1 trading plan is indicated for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 9,331 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock unit award granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan, which award vests pro rata in three equal installments on the sixth, seventh and eight anniversaries of the award date, subject to continued employment and other terms and conditions specified in the award agreement.
Key Figures
Key Terms
Restricted stock unit financial
Amended and Restated Stock-Based Award Plan financial
pro rata financial
Rule 10b5-1 regulatory
FAQ
What insider transaction did MLM disclose for CFO Michael J. Petro?
What type of equity award did the MLM CFO receive?
What is the vesting schedule for the MLM CFO’s new restricted stock units?
Was the MLM CFO’s Form 4 transaction made under a Rule 10b5-1 plan?
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