WAJSGRAS DAVID C 4
Research Summary
AI-generated summary
Martin Marietta (MLM) Director David C. Wajsgras Receives 69-Share Award
What Happened
- David C. Wajsgras, a director of Martin Marietta Materials, was granted/acquired 69 common stock units on 2026-05-29 at an attributed value of $581.64 per share, totaling about $40,133. This transaction is reported as an award/acquisition (transaction code A), meaning units were accrued under the company’s director compensation plan rather than bought on the open market.
Key Details
- Transaction date: 2026-05-29; filing date: 2026-06-02.
- Shares/units: 69; price per share/value used: $581.64; total value ≈ $40,133.
- Transaction type: A = Award/Grant/Other acquisition (accrued common stock units under the directors’ plan).
- Shares owned after transaction: Not disclosed in this filing.
- Notable footnote: Units were accrued under the Martin Marietta Common Stock Purchase Plan for Directors and will be settled in stock (lump sum or installments up to 10 years) per the plan terms and the director’s election.
Context
- This award reflects director compensation (accrued common stock units) rather than an open-market purchase or sale, so it represents compensation accounting/timing rather than an immediate bullish or bearish trading signal. Settlement in actual shares will occur under the plan’s timing options (e.g., upon leaving the board or per elected deferral schedule).