KORALESKI JOHN J 4
Research Summary
AI-generated summary
Martin Marietta (MLM) Director John Koraleski Receives 69-Share Award
What Happened
John J. Koraleski, a non-employee director of Martin Marietta Materials, received an award/accrual of 69 common stock units on 2026-02-27. The units are valued at $676.57 each, for a total value of $46,683. This was an award under the company's director compensation plan (not an open-market purchase).
Key Details
- Transaction date and price: 2026-02-27; 69 shares @ $676.57 each (total ~$46,683). Transaction code: A (award/acquisition).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: These are common stock units accrued under the Martin Marietta Common Stock Purchase Plan for Directors and will be settled in stock either in a lump sum or in installments (up to 10 years) upon certain events (e.g., cessation of directorship or an elected deferral date).
- Filing timeliness: Report filed 2026-03-02; this appears to be a timely Form 4 filing (within required business days).
Context
This transaction reflects director compensation (stock units accrued under the director plan) rather than an active market purchase or sale. Such awards are routine for non-employee directors and do not by themselves indicate the director is buying or selling shares for investment reasons.