Form 4: Martin Marietta Materials EVP and CHRO Donald A. McCunniff Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Donald A. McCunniff, EVP and CHRO of Martin Marietta Materials, reports the exercise of stock options and subsequent sale of shares on March 5, 2025.

Summary

  • On March 5, 2025, Donald A. McCunniff, the EVP and CHRO of Martin Marietta Materials Inc., exercised stock options to acquire 1,332 shares of common stock at a price of $154.58 per share.
  • Following the exercise of these options, McCunniff sold 1,332 shares of common stock at a price of $475 per share.
  • After these transactions, McCunniff directly owns 3,523 shares of Martin Marietta Materials Inc. common stock.
  • The stock options were granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan and become exercisable in four equal annual installments commencing one year from the date of grant.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding executive compensation and ownership.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive stock ownership.
  • The sale of shares may have a minor impact on the stock price, depending on market conditions.

Key Dates

DateDescription
03/05/2025Date of stock option exercise and stock sale.
03/06/2025Date of signature on the Form 4 filing.
05/21/2025Expiration date of the stock options.

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