4Filed Sep 1, 8:00 PM ET
Martin Marietta (MLM) Director David Wajsgras Receives Award
$MLM · MARTIN MARIETTA MATERIALS INCResearch Summary
AI-generated summary of this SEC filing
Martin Marietta (MLM) Director David Wajsgras Receives Award
What Happened
- David C. Wajsgras, a Non‑Employee Director of Martin Marietta Materials, acquired 78 shares as an award under the company's director stock purchase plan. The reported per‑share value was $518.70, for a total reported value of $40,459.
- This was an award/accrual settlement (code A), not an open‑market purchase or sale — a routine form of director compensation rather than a market transaction.
Key Details
- Transaction date: 2026-08-31; Filing date: 2026-09-02.
- Price/value: 78 shares × $518.70 = $40,459 reported.
- Shares owned after transaction: not specified in this filing.
- Footnote: These were common stock units accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors and will be settled in shares either in a lump sum or in installments (no more than 10 years) upon certain events (e.g., when the director ceases to be a Non‑Employee Director or at elected deferral dates).
- No indication in the filing that this was a late Form 4 submission.
Context
- Awards to non‑employee directors are a common part of compensation and are typically settled according to plan rules; they do not reflect an open‑market buy or sell decision.
- Because this transaction is a plan award (not a sale), it should be interpreted as routine compensation rather than a directional insider trade.