WAJSGRAS DAVID C 4
4 · MARTIN MARIETTA MATERIALS INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Martin Marietta (MLM) Director WAJSGRAS DAVID C Receives Award
What Happened WAJSGRAS DAVID C, a non-employee director of Martin Marietta Materials, Inc. (MLM), was credited with 56 common stock units (transaction code A) on 2026-02-27. The units are valued at $676.57 each, for a total value of approximately $37,887.92 (reported as $37,888). This was an award/accrual under the company's director compensation plan—not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-27; 56 shares @ $676.57 each (total ~$37,888).
- Transaction type: Award / other acquisition (code A) — common stock units accrued under the Martin Marietta Common Stock Purchase Plan for Directors.
- Shares/units owned after transaction: Not specified in the filing.
- Settlement: The units are to be settled in stock either in a lump sum or in installments (not to exceed 10 years) upon certain events or elections per the plan (see footnote).
- Filing date and timeliness: Form 4 filed 2026-03-02; filing appears timely (within required reporting window).
Context These are deferred director compensation units that will convert to shares according to the plan's payout rules (e.g., when the director leaves the board or at elected dates). Such awards are routine compensation for non-employee directors and do not by themselves indicate a buy/sell signal in the open market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-27$676.57/sh+56$37,888→ 4,646 total
Footnotes (1)
- [F1]Common stock units were accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors (the "Plan") and are to be settled in stock in a lump sum or in installments not to exceed 10 years commencing on (i) the date the reporting person ceases to be a Non-Employee Director, (ii) the date that is one month and one year following the date the reporting person ceases to be a Non-Employee Director, or (iii) the date elected by the Non-Employee Director that is later than the third anniversary of the date the fees are earned, in accordance with the reporting person's election under the Plan.