Form 4: Martin Marietta Materials Director Sue W. Cole Acquires Shares
SEC Form 4
Director Sue W. Cole purchased 293 shares of Martin Marietta Materials Inc. on May 16, 2024.
Summary
- On May 16, 2024, Sue W. Cole, a director of Martin Marietta Materials Inc., acquired 293 shares of common stock at a price of $581.69 per share.
- Following the transaction, Cole directly owns 20,086 shares of common stock.
- Cole also indirectly owns 4,250 shares through an IRA.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a director purchasing shares, which can be seen as a slightly positive signal, but it's not a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Sue W. Cole acquired 293 shares of common stock. |
| 05/17/2024 | Date of signature: Form 4 signed by Roselyn R. Bar, attorney-in-fact. |
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