Form 4: Martin Marietta Materials Director, Thomas Pike, Acquires and Disposes of Common Stock
SEC Form 4 Filing
Director Thomas Pike reports changes in beneficial ownership of Martin Marietta Materials Inc. common stock, including acquisition and disposition of shares on May 16, 2024.
Summary
- On May 16, 2024, Thomas Pike, a director of Martin Marietta Materials Inc., engaged in transactions involving the company's common stock.
- Pike acquired 293 shares of common stock at a price of $581.69 per share.
- Following the reported transaction, Pike beneficially owns 3,844 shares of Martin Marietta Materials Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock transaction (acquisition and disposition). |
| 05/17/2024 | Date of signature by attorney-in-fact. |
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