Form 4: Martin Marietta Materials CEO Howard Nye Reports Stock Transactions
SEC Form 4 Filing
Chairman, President, and CEO of Martin Marietta Materials, Howard Nye, reports acquisition and disposal of company stock.
Summary
- Howard Nye, Chairman, President, and CEO of Martin Marietta Materials, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 21, 2025, Nye acquired 2,125 shares of common stock at a price of $391.87 per share.
- Also on February 21, 2025, Nye acquired 7,432 shares at $0.
- On February 24, 2025, Nye disposed of 2,032 shares at $490.64.
- Following these transactions, Nye directly owns 152,174 shares of common stock.
- Nye also indirectly owns 70,400 shares through the Charles Howard Nye Irrevocable Trust.
- The filing also mentions a restricted stock unit award that vests pro rata in equal installments over three years from the date of grant.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Acquisition of 2,125 shares at $391.87 and 7,432 shares at $0. |
| 02/24/2025 | Disposal of 2,032 shares at $490.64. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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