Martin Marietta Materials (MLM) SVP logs tax-share dispositions
Rhea-AI Filing Summary
Martin Marietta Materials senior vice president and CIO Jason Paul Flynn reported two tax-related share dispositions under an equity award. On February 23, 177 shares of common stock were withheld at $683.60 per share, and on February 24, 30 shares were withheld at $696.85 per share. After these transactions, he directly owned 5,494 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 30 | $696.85 | $21K |
| Exercise Price or Tax Liability | Common Stock | 177 | $683.60 | $121K |
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MLM executive Jason Paul Flynn report?
Jason Paul Flynn reported two tax-withholding dispositions of Martin Marietta Materials common stock. These transactions settled tax liabilities tied to equity awards, rather than open-market sales, and were reported as Form 4 code F dispositions.
Were Jason Paul Flynn’s MLM transactions open-market sales or tax withholdings?
The transactions were tax-withholding dispositions, not open-market sales. Both are reported with transaction code F, which indicates shares were delivered to pay exercise price or tax liabilities associated with equity compensation.
What role does Jason Paul Flynn hold at Martin Marietta Materials (MLM)?
Jason Paul Flynn serves as senior vice president and chief information officer of Martin Marietta Materials. His position is disclosed in the Form 4 as “SVP and CIO,” identifying him as a company officer subject to insider reporting rules.