Petro Michael J 4

What Happened

• Michael J. Petro, SVP and Chief Financial Officer of Martin Marietta Materials, was granted 2,960 restricted stock units (RSUs) on March 1, 2026. The grant is reported as an acquisition at $0.00 per share (reported value $0) because RSUs are compensation awards, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-01; Form filed: 2026-03-03.
• Grant: 2,960 RSUs @ $0.00 (reported acquisition value $0).
• Shares owned after the transaction: not specified in the provided Form 4.
• Footnote: The RSU award vests pro rata in three equal installments on the third, fourth, and fifth anniversaries of the award date, subject to continued employment and award terms.
• Filing timeliness: Form 4 was filed two days after the award date (within the typical two-business-day reporting window).

Context

• RSUs are a common form of executive compensation that convert to actual shares only if vesting conditions (here, continued employment over the specified vesting schedule) are met. Because this is a compensation grant rather than a market purchase or sale, it does not represent an immediate cash outlay or liquidation and should be viewed as part of Petro’s pay package rather than a direct trading signal.