Nye C Howard 4

What Happened

• Nye C. Howard, Chairman, President & CEO (and Director) of Martin Marietta Materials (MLM), was reported as receiving equity awards on 2026-02-20. The Form 4 shows two acquisition entries: 6,405 shares at $0.00 (RSU grant) and 2,216 shares at $548.75 each (total reported value $1,216,030). The filing’s footnote states this is a restricted stock unit (RSU) award that vests pro rata in equal installments over three years.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (filed within the SEC’s 2-business-day window).
• Entries: 6,405 shares @ $0.00 (RSU grant) and 2,216 shares @ $548.75 (reported value $1,216,030).
• Total reported shares involved: 8,621.
• Footnote: F1 — award is RSUs under the Martin Marietta Stock-Based Award Plan; vests pro rata over three years.
• Shares owned after transaction: not specified in the provided data.
• Transaction code: A = Award/Grant (no open-market purchase or sale reported).

Context

• RSU grants are compensation awards, not open-market purchases; they are typically part of executive pay and vest over time. The line showing shares at market value often reflects shares recorded for value or to cover taxes related to the grant. Because this is an award (not a purchase or sale), it should be viewed as routine executive compensation rather than a direct bullish or bearish trading signal.