MARTEN TRANSPORT LTD·4

May 7, 4:48 PM ET

DEMOREST ROBERT L 4

Research Summary

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Marten Transport (MRTN) Director Robert DeMorest Receives 4,100-Share Award

What Happened
Robert L. DeMorest, a director of Marten Transport Ltd. (MRTN), was granted 4,100 shares (transaction code A — award/grant) on 2026-05-05. The Form 4 filed on 2026-05-07 reports the acquisition price as $0.00 and a reported total value of $0 for the award.

Key Details

  • Transaction date: 2026-05-05; Form 4 filed: 2026-05-07.
  • Transaction type/code: Award/Grant (A).
  • Shares acquired: 4,100 shares at $0.00 (total reported value $0).
  • Shares owned after the transaction: Not specified in this filing.
  • Footnotes/plan details: None disclosed on the Form 4; no 10b5-1 plan, tax-withholding, or cashless-sale notes included.
  • Timeliness: Filing date is 2026-05-07 reporting the 2026-05-05 transaction (no late-filing notation in the provided data).

Context
Award grants (code A) commonly represent restricted stock or other equity awards issued as compensation and often vest over time; they are not the same as open-market purchases and do not by themselves indicate an immediate bullish or bearish trade. Because the filing reports a $0 acquisition price, this reflects a grant rather than a market purchase — investors should look for company disclosures or future vesting/sale activity for further insight.