Form 4: Martin Marietta SVP Sells Shares for Tax Withholding
Insider Transaction Report
Martin Marietta Materials Inc.'s SVP and CIO, Jason Paul Flynn, disposed of 123 shares of common stock at $615.25 per share to cover tax withholding obligations.
Summary
- Jason Paul Flynn, Senior Vice President and Chief Information Officer (SVP and CIO) of Martin Marietta Materials Inc. (MLM), reported a change in beneficial ownership.
- On December 1, 2025, Mr. Flynn disposed of 123 shares of common stock.
- The transaction was executed at a price of $615.25 per share.
- This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following this transaction, Mr. Flynn directly beneficially owns 4,399 shares of Martin Marietta Materials Inc. common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary disposition of shares by an insider to cover tax obligations upon the vesting of equity awards. This type of transaction is neutral and does not reflect a change in management's confidence or the company's operational performance.
Future Outlook
This filing is a report of a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction filing (Form 4) reporting a disposition of shares for tax withholding purposes, which is a common occurrence when equity awards vest for executives. It does not provide insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in the insider's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/01/2025 | Date of earliest transaction, involving the disposition of 123 shares of common stock. |
| 12/03/2025 | Date the Form 4 was signed by Bradley D. Kohn, attorney-in-fact for Jason Paul Flynn. |
Keywords
Martin Marietta Materials, MLM, Insider Transaction, Form 4, Beneficial Ownership, Tax Withholding, Jason Paul Flynn, SVP CIO
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