Form 4: Martin Marietta Materials EVP and CFO Nickolas James AJ Reports Stock Transactions
SEC Form 4 Filing
Nickolas James AJ, EVP and CFO of Martin Marietta Materials, reports acquisition of restricted stock units and disposition of shares to cover tax obligations.
Summary
- On February 21, 2025, Nickolas James AJ, the EVP and CFO of Martin Marietta Materials, Inc., acquired 1,637 shares of common stock as a restricted stock unit award.
- The award vests pro rata in equal installments over three years from the date of grant.
- On February 24, 2025, Mr. Nickolas disposed of 450 shares of common stock at a price of $490.64.
- Following these transactions, Mr. Nickolas directly owns 26,643 shares of Martin Marietta Materials, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Grant date of 1,637 restricted stock units. |
| 02/24/2025 | Disposition of 450 shares at $490.64. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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