Welcome to our dedicated page for Marten Trans SEC filings (Ticker: MRTN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Marten Transport Ltd. SEC filings document the company’s public-company reporting for its temperature-sensitive and dry truck-based transportation business. Recent Form 8-K reports furnish quarterly and annual financial results, including operating revenue, fuel surcharge revenue, operating expenses and Regulation G reconciliations for non-GAAP measures that exclude fuel surcharge effects.
The filing record also includes proxy materials for annual stockholder meeting matters, board governance and common-stock voting procedures, along with material-event disclosures covering executive transition arrangements and related employment separation terms. These filings identify Marten’s common stock as listed on the Nasdaq Global Select Market under MRTN.
Marten Transport, Ltd. updated its executive and director compensation and reported voting results from its 2026 annual stockholder meeting. The Compensation Committee increased base salaries for named executive officers retroactive to April 5, 2026, including raising CEO Randolph L. Marten’s annual base pay from $818,000 to $842,600 and President Douglas P. Petit’s from $401,000 to $440,000.
The Committee approved a Third Amended and Restated Executive Officer Performance Incentive Plan, effective January 1, 2026. Under the revised plan, the bonus pool is now based on net income as reported in audited financial statements without adjustments, and the percentage increase in net income after bonuses must be at least 65 percent of the percentage increase before bonuses, with bonus amounts ratably adjusted to meet this threshold.
Non-employee director fees were reaffirmed effective May 1, 2026, including a $45,000 annual board retainer and additional retainers for leadership roles. Each non-employee director will receive 4,100 shares of common stock upon re-election, equivalent to $60,000 based on the May 5, 2026 closing price. Stockholders elected seven directors, approved an advisory resolution on executive compensation with 71,852,429 votes in favor, and ratified Grant Thornton LLP as independent auditors with 75,043,366 votes in favor.
Marten Transport, Ltd. reported weaker results for the three months ended March 31, 2026, as a soft freight market and higher fuel burden pressured profitability.
Operating revenue fell to $203.5 million from $223.2 million, an 8.8% decline, with revenue net of fuel surcharges down 9.5%. Operating income dropped to $1.6 million from $5.9 million, pushing the consolidated operating ratio to 99.2% from 97.4%. Net income declined 68.1% to $1.4 million, or $0.02 per diluted share, versus $4.3 million, or $0.05 per diluted share.
Dedicated revenue, net of fuel surcharges, fell 14.8% as the average fleet size contracted, while Truckload revenue net of fuel slipped 0.9%. Brokerage revenue grew 5.0% on more loads, but its operating ratio deteriorated. The Intermodal segment, sold in 2025, contributed no revenue in 2026 after $12.1 million a year earlier.
Despite margin pressure, Marten ended the quarter with $74.8 million in cash and escrow, no long‑term debt, and stockholders’ equity of $764.2 million. Operating cash flow of $33.0 million funded $2.7 million of net equipment purchases and $4.9 million of dividends, maintaining a quarterly dividend of $0.06 per share.
Marten Transport director Patricia L. Jones reported a compensation-related stock grant. On May 5, 2026, she received 4,100 shares of Common Stock at no purchase price, described as a grant or award acquisition. Following this award, she directly holds 15,100 shares of Marten Transport common stock.
HAGNESS LARRY B reported acquisition or exercise transactions in this Form 4 filing.
Marten Transport Ltd director Larry B. Hagness received a grant of 4,100 shares of common stock on May 5, 2026. The award carried a price of $0.00 per share, indicating it was a compensation-related share grant rather than an open-market purchase. Following this grant, Hagness directly holds a total of 210,575 Marten Transport common shares.
IVERSON KATHLEEN P reported acquisition or exercise transactions in this Form 4 filing.
Marten Transport director Kathleen P. Iverson received an equity award of 4,100 shares of common stock. The shares were granted at a reported price of $0.00 per share as a non-derivative, compensation-type transaction. Following this award, she directly owns 22,850 shares of Marten Transport common stock.
Booth Ronald Richard reported acquisition or exercise transactions in this Form 4 filing.
Marten Transport Ltd director Ronald Richard Booth received a grant of 4,100 shares of Common Stock on May 5, 2026. The shares were awarded at a reported price of $0.00 per share as compensation rather than an open-market purchase. Following this award, Booth directly owns 32,349 shares of Marten Transport common stock.
BAUER JERRY M reported acquisition or exercise transactions in this Form 4 filing.
Jerry M. Bauer, a director of Marten Transport Ltd, received a grant of 4,100 shares of common stock on May 5, 2026. The shares were awarded at $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. After this award, Bauer directly holds 185,044 shares of Marten Transport common stock. This filing reflects routine equity compensation and does not involve any share sales.
DEMOREST ROBERT L reported acquisition or exercise transactions in this Form 4 filing.
Marten Transport Ltd director Robert L. Demorest received a grant of 4,100 shares of Common Stock as equity compensation. The award was recorded at a price of $0.00 per share, indicating it was a non-cash stock grant rather than an open‑market purchase. Following this grant, Demorest directly holds 58,894 shares of Marten Transport common stock, showing he retains a meaningful ongoing ownership stake in the company.
Hinnendael James J reported acquisition or exercise transactions in this Form 4 filing.
Marten Transport Ltd executive vice president and chief financial officer James J. Hinnendael received a grant of 6,766 shares of common stock on May 5, 2026, as a performance-based award at no cash cost to him. These shares, granted under a Performance Unit Award Agreement, will vest in equal increments over five years beginning on December 31, 2026. Following this grant, he directly holds 161,564 shares of Marten Transport common stock, including several prior performance awards scheduled to vest between December 31, 2026 and December 31, 2030.
MARTEN RANDOLPH L reported acquisition or exercise transactions in this Form 4 filing.
Marten Transport Ltd Chairman and CEO Randolph L. Marten received a grant of 12,300 shares of Common Stock as a performance-based award. The shares were granted at no cash cost per share and will vest in equal increments over five years beginning on December 31, 2026. Following this award, he directly holds 17,744,100 shares of the company’s common stock, including multiple prior performance award grants that vest between December 31, 2026 and December 31, 2030.