Nye C Howard 4
4 · MARTIN MARIETTA MATERIALS INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Martin Marietta (MLM) CEO Nye C. Howard Receives RSU Award
What Happened
Nye C. Howard, Chairman, President & CEO and a director of Martin Marietta Materials, was granted 5,919 restricted stock units (RSUs) on March 1, 2026. The Form 4 reports the acquisition price as $0.00 (typical for RSU grants), so no cash was exchanged at grant.
Key Details
- Transaction date: 2026-03-01 — Grant/award of 5,919 RSUs at $0.00 per share (reported on Form 4 filed 2026-03-03).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Award granted under the company’s Amended and Restated Stock-Based Award Plan; the RSUs cliff vest on the third anniversary of the award date (i.e., vest on or about 2029-03-01), subject to continued employment and other award terms.
- Timeliness: Form 4 filed March 3, 2026; no late filing flag indicated in the provided data.
Context
An RSU grant is a compensation/retention award, not an open-market purchase or sale. The units convert to shares only if vesting conditions are met (here, a three-year cliff vesting schedule), so this grant does not immediately change market exposure and is principally a long-term retention incentive.
Insider Transaction Report
Form 4
Nye C Howard
DirectorChairman, Pres & CEO
Transactions
- Award
Common Stock
[F1]2026-03-01+5,919→ 176,038 total
Holdings
- 70,400(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Restricted stock unit award granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan, which award cliff vests on the third anniversary of the award date, subject to continued employment and other terms and conditions specified in the award agreement.
Signature
/s/ Sara W. Brown, attorney-in-fact|2026-03-03