Director in Marten Transport (MRTN) awarded 4,100 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
IVERSON KATHLEEN P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,100 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,850 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 4,100 shares
Reported grant price: $0.00 per share
Shares owned after grant: 22,850 shares
3 metrics
Shares granted
4,100 shares
Equity award of common stock to director
Reported grant price
$0.00 per share
Price per share for 4,100-share award
Shares owned after grant
22,850 shares
Director’s direct holdings following transaction
Key Terms
Form 4, grant/award acquisition, Common Stock
3 terms
Form 4 regulatory
"A Form 4 filing reported the 4,100-share grant to the director."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant/award acquisition financial
"The transaction is characterized as a grant/award acquisition of common stock."
Common Stock financial
"The award consisted of 4,100 shares of Marten Transport Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Marten Transport (MRTN) report for Kathleen P. Iverson?
Marten Transport reported that director Kathleen P. Iverson received a grant of 4,100 shares of common stock. The award was recorded as a non-derivative equity grant, increasing her direct holdings to 22,850 shares after the transaction.
Was the Marten Transport (MRTN) insider transaction an open-market purchase or sale?
The transaction was not an open-market trade. It was coded as a grant or award acquisition, meaning Iverson received 4,100 shares of Marten Transport common stock as compensation rather than buying or selling shares in the market.
What does transaction code "A" mean in the Marten Transport (MRTN) Form 4?
In this Form 4, transaction code "A" is described as a grant, award, or other acquisition. It reflects that 4,100 Marten Transport common shares were awarded to director Kathleen P. Iverson, increasing her direct ownership to 22,850 shares.