Michael J. Petro - 18 Feb 2025 Form 4 Insider Report for MARTIN MARIETTA MATERIALS INC (MLM)

Role
SVP - Strategy and Development
Signature
/s/ Bradley D. Kohn, attorney-in-fact
Issuer symbol
MLM
Transactions as of
18 Feb 2025
Net transactions value
-$646,662
Form type
4
Filing time
20 Feb 2025, 14:29:55 UTC
Previous filing
03 Dec 2024
Next filing
25 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLM Common Stock Award $0 +2,454 +37% $0.000000 9,113 18 Feb 2025 Direct F1
transaction MLM Common Stock Tax liability $646,662 -1,211 -13% $533.99 7,902 18 Feb 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units into common stock that were granted under the Martin Marietta Amended and Restated Stock Based Award Plan on February 18, 2022. The ultimate amount of shares to be received under the grant depended on the achievement of performance goals during a three-year performance period from January 1, 2022, through December 31, 2024. On February 18, 2025, Martin Marietta's Management Development and Compensation Committee certified the attainment of the applicable performance goals and approved the settlement of the PSU grant. The shares underlying the PSUs vested on December 31, 2024.

Remarks:

Exhibit 24.1 - Power of Attorney