Marten Transport (MRTN) 10% Owner Randolph Marten Gifts 1,200 Shares

What Happened
Randolph L. Marten, a reported 10% owner of Marten Transport Ltd (MRTN), made a gift disposition of 1,200 common shares on July 30, 2026. The shares were transferred as a gift (transaction code G) for $0.00 per share (total consideration $0). This was a disposal (not a sale) and does not represent a market sale or purchase.

Key Details

• Transaction date: 2026-07-30
• Transaction type and code: Gift (G) — disposition of 1,200 shares at $0.00 per share (total $0)
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote (F1): Filing notes 34,817 performance-award shares outstanding, comprised of:
  • 12,300 shares (vest 12/31/2026–12/31/2030)
  • 10,812 shares (vest 12/31/2026–12/31/2029)
  • 6,108 shares (vest 12/31/2026–12/31/2028)
  • 3,506 shares (vest 12/31/2026–12/31/2027)
  • 2,091 shares (vest 12/31/2026)
• Filing timeliness: Report filed the same day (Form filed 2026-07-30 for transaction dated 2026-07-30) — appears timely.

Context

• Gifts are disposals for reporting purposes and do not necessarily indicate the insider’s view of the company’s prospects. They are often used for personal, estate planning, or charitable purposes.
• As a 10% owner (not a typical employee trade disclosure), this transfer reflects a change in beneficial ownership but is not an open-market sale or purchase.
• The footnoted performance awards are unvested or time/condition-vesting awards and are separate from the gifted shares; these awards may vest over 2026–2030 per the schedule above.