[Form 4] Martin Marietta Materials Insider Trading Activity
Pike Thomas, a director of Martin Marietta Materials, Inc. (MLM), reported a transaction dated 08/29/2025 in which 51 common stock units were acquired under the company’s Common Stock Purchase Plan for Directors. The filing shows a price of $616.4 and reports 4,493 shares beneficially owned following the transaction, held directly. The director units are accrued under the director stock purchase plan and will be settled in shares either in a lump sum or in installments (up to 10 years) following the director’s cessation of service or per the director’s election, as described in the filing. The Form 4 was signed by an attorney-in-fact on 09/02/2025.
- Director participation in the company equity plan, indicating alignment of board interests with shareholders
- Clear disclosure of the accrual and settlement mechanics under the Common Stock Purchase Plan for Directors
- None.
Insights
TL;DR Routine director stock accruals increased direct holdings by 51 units; not material to company valuation.
The reported acquisition of 51 common stock units for a stated price of $616.4 increases the reporting director’s direct holdings to 4,493 shares. This appears to be a compensation-related accrual under the board’s director purchase plan rather than an open-market strategic purchase. Such transactions are common for non-employee directors and typically reflect standard equity-based compensation or deferred fee conversion. The magnitude (51 units) is small relative to typical public-company floats, so this filing is unlikely to move market perceptions or materially affect issuer capitalization.
TL;DR Disclosure documents a standard director compensation settlement; governance controls appear followed.
The Form 4 discloses accruals under the Martin Marietta Common Stock Purchase Plan for Directors with settlement mechanics and timing specified. The filing identifies the reporting person as a director and records direct ownership after the transaction. The use of an attorney-in-fact signature is disclosed. The description aligns with routine governance practice for deferred director compensation and provides the necessary information for Section 16 transparency.