Every 8-K that Marten Trans (MRTN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MRTN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRTN filings page.
Marten Transport, Ltd. (MRTN) disclosed that on August 19, 2026 it entered into a Second Amendment to its existing credit agreement with U.S. Bank National Association and other banks. The amendment updates margins for Term SOFR advances, extends the facility’s term to August 19, 2031, and adjusts key limits.
The amendment increases the letters-of-credit sublimit to $50 million, decreases the maximum aggregate principal amount from $105 million to $100 million, and provides for a Second Amended and Restated Revolving Note of up to $50 million. Earlier amendments had raised the original $30 million unsecured revolving facility and its letter-of-credit capacity.
Marten Transport reported softer year-over-year results for the quarter ended June 30, 2026, with net income of $5.3 million, or $0.07 per diluted share, compared with $7.2 million, or $0.09 per share, on operating revenue of $223.5 million versus $229.9 million. Excluding fuel surcharges, operating revenue was $185.2 million versus $203.8 million, while fuel surcharge revenue rose to $38.3 million from $26.1 million. Operating income declined to $6.9 million from $9.7 million, and the consolidated operating ratio weakened to 96.9% from 95.8%.
For the first six months of 2026, operating revenue was $427.1 million versus $453.1 million and net income was $6.7 million, or $0.08 per share, down from $11.5 million, or $0.14 per share. Results reflect the sale of intermodal operations, which produced $11.7 million of revenue in the prior-year quarter, and margin pressure in Dedicated and Brokerage. Management highlighted a 286.3% sequential earnings improvement from the first quarter, a tightening freight market, and a strong, debt-free balance sheet with cash and cash equivalents of $103,980 (in thousands) at June 30, 2026.
Marten Transport amended its existing bank credit agreement on June 12, 2026 to expand its available borrowing capacity. The unsecured revolving credit facility, originally set up in 2022, allows borrowings for general business and working capital needs. The amendment raises the sublimit for letters of credit from $30 million to $35 million and increases the maximum aggregate principal amount under the facility from $100 million to $105 million. It also provides for an Amended and Restated Revolving Note with a principal amount of up to $35 million.
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 first quarter ended March 31, 2026. Net income fell to $1.4 million, or $0.02 per diluted share, compared with $4.3 million, or $0.05 per diluted share, a year earlier. Operating revenue declined to $203.5 million from $223.2 million, an 8.8% decrease, partly reflecting the 2025 sale of its intermodal operations.
Operating income dropped to $1.6 million from $5.9 million as the consolidated operating ratio worsened to 99.2% from 97.4%, indicating thinner margins. Management cited severe winter storms, higher diesel prices and a prolonged freight market recession as key pressures, though truckload and dedicated revenue per tractor improved. The company highlighted a debt‑free balance sheet and cash and cash equivalents of $69.8 million as support for ongoing investment in technology and its modern fleet.
Marten Transport, Ltd. furnished an update on its recent performance by issuing a press release announcing financial results for the quarter and year ended December 31, 2025. The release is attached as Exhibit 99.1 and is furnished, rather than filed, under the securities laws.
The company highlights non-GAAP metrics such as operating revenue net of fuel surcharge revenue and operating expenses as a percentage of that adjusted revenue. Management believes excluding fuel surcharge revenue offers a more consistent basis for comparing results over time, and the press release includes reconciliations to the most directly comparable GAAP measures in line with Regulation G.
Marten also furnished an investor presentation as Exhibit 99.2 under Regulation FD. The company expects to use these slides, in whole or in part, in presentations to investors, analysts and others during 2026, while indicating it has no obligation to update the materials except through future public disclosures.
Marten Transport (MRTN) furnished an 8-K announcing financial results for the quarter ended September 30, 2025. The company attached a press release as Exhibit 99.1 and investor presentation slides as Exhibit 99.2. The results and materials are presented under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD).
The press release discusses operating revenue, net of fuel surcharge revenue, and operating expenses as a percentage of operating revenue, with both amounts net of fuel surcharge revenue. These are non-GAAP measures, and the company provided reconciliations to the most directly comparable GAAP measures pursuant to Regulation G. The information in this report and the exhibits is being furnished, not filed, and is not incorporated by reference except as specifically stated.
Marten Transport, Ltd. announced that Chief Executive Officer Timothy M. Kohl retired as of the close of business on September 30, 2025 and executed a Separation Agreement and Release of Claims on that date. Under the agreement, and contingent on execution and non-revocation, the company will pay Mr. Kohl a one-time severance lump sum of $620,000.00, less required deductions, and will pay premiums for COBRA health coverage for up to 3 months following his retirement date. The Separation Agreement includes a release of claims by Mr. Kohl and his commitments on cooperation, non-disparagement, confidentiality, and non-solicitation. The full Separation Agreement is filed as Exhibit 10.1 to the report.
Marten Transport announced a planned CEO transition. Timothy M. Kohl will retire as Chief Executive Officer at the close of business on September 30, 2025. Randolph L. Marten will become Chairman of the Board and Chief Executive Officer effective October 1, 2025. Mr. Marten, age 72, has been a full-time employee since 1974, a Director since October 1980, and previously served in multiple senior roles including Executive Chairman since May 2021, CEO from January 2005 to May 2021, President from June 1986 to June 2008, and COO from June 1986 to August 1998.
The filing states there is no arrangement or understanding with any other person regarding Mr. Marten’s appointment and no family relationships or related-party transactions to disclose. As of the filing date, no new material compensatory plan, contract, amendment, grant or award has been entered into in connection with the appointment; previously reported arrangements remain in effect. The company furnished a press release as Exhibit 99.1 under Regulation FD.