Schoen George Frederick 4

What Happened

George Frederick Schoen, EVP, General Counsel and Corporate Secretary of Martin Marietta Materials, was granted 23,673 restricted stock units (RSUs) on 2026-03-01. The grant was recorded at $0.00 (no cash purchase); the award will vest over time rather than providing immediate shares or cash.

Key Details

• Transaction date: 2026-03-01 (Form 4 filed 2026-03-03); transaction coded as an award/grant (A).
• Shares granted: 23,673 RSUs; grant price reported as $0.00 (no cash exchanged).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Award granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan; vests pro rata in equal installments over eight years from the grant date, subject to continued employment and other award terms.
• Filing timeliness: Form filed two business days after the grant; no late filing indicated.

Context

• RSUs are a compensation award that convert to shares (or cash in some plans) only after vesting; they do not represent an immediate open-market purchase or sale and often reflect long-term retention incentives rather than short-term trading intent.