{"filings":[{"id":1138163,"accession_number":"0001437749-26-021135","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2026-06-18T20:01:54+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Marten Transport amends credit facility, increases letter of credit sublimit to $35M and aggregate capacity to $105M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Letter of credit sublimit raised from $30M to $35M under existing unsecured revolving credit facility.","Maximum aggregate principal amount increased from $100M to $105M via accordion feature.","Amended and Restated Revolving Note for $35M replaces prior $30M note; U.S. Bank remains sole lender.","Facility terms otherwise unchanged; proceeds for general corporate and working capital purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":12763,"accession_number":"0001437749-26-016108","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2026-05-11T20:02:49+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Marten Transport raises CEO salary to $842,600; amends executive bonus plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Randolph Marten salary increased from $818K to $842.6K; CFO Hinnendael to $463.5K.","President Petit salary raised from $401K to $440K; COO Phillips to $319.3K; CTO Baier to $330K.","Amended incentive plan: bonus pool based on audited net income; 65% pass-through rule for combined bonus with non-officer management.","Shareholders re-elected seven directors; advisory vote on exec compensation approved with 71.9M for, 0.7M against.","Grant Thornton LLP ratified as auditor for FY2026 with 75.0M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98936,"accession_number":"0001437749-26-013179","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2026-04-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q1 EPS $0.02 vs $0.05; revenue $203.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $1.4M ($0.02 diluted EPS) vs $4.3M ($0.05) in Q1 2025.","Operating revenue $203.5M, down 8.8% YoY from $223.2M; intermodal sold in 2025.","Operating income $1.6M vs $5.9M; operating expense ratio rose to 99.2% from 97.4%.","CEO cites severe winter storms, diesel price spike, freight market recession as pressures.","Maintains debt-free balance sheet; expects recovery from immigration enforcement capacity cuts."],"consensus_eps_estimate":0.017,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":203526000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114665,"accession_number":"0001437749-26-002192","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q4 net income $3.7M ($0.05 EPS) vs $5.6M YoY; full year EPS $0.21","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $3.7M ($0.05/diluted) vs $5.6M ($0.07) YoY; sequential improvement of 66.1%","Full-year 2025 net income $17.4M ($0.21/diluted) vs $26.9M ($0.33) in 2024","Operating revenue Q4 $210.1M, down 8.8% YoY; ex-fuel surcharges $185.5M vs $202.9M","Intermodal operations sold Sept 30, 2025; results now reflect truck-based platforms only"],"consensus_eps_estimate":0.0374,"consensus_eps_actual":0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":883652000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131040,"accession_number":"0001437749-25-031622","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-10-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q3 EPS $0.03, revenue down 7%; sells intermodal to Hub Group for $51.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net income $2.2M ($0.03 diluted EPS) vs $3.8M ($0.05) in Q3 2024; operating income $2.7M vs $4.3M.","Operating revenue $220.5M, down 7.1% YoY; operating revenue net of fuel surcharge $194.0M.","Closed asset sale of intermodal business (1,200+ refrigerated containers, contracts) to Hub Group for $51.8M cash.","Nine-month net income $13.7M vs $21.3M; management cites prolonged freight recession and weak demand.","Company remains debt-free and continues investing in technology and fleet; expects tighter immigration enforcement to help."],"consensus_eps_estimate":0.051,"consensus_eps_actual":0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":673544000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131039,"accession_number":"0001437749-25-030533","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marten Transport CEO Timothy Kohl retires, receives $620K severance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Timothy Kohl retired effective September 30, 2025 as previously announced.","Mr. Kohl will receive $620,000 lump-sum severance plus COBRA premiums for 3 months.","Separation agreement includes 1-year non-solicitation, non-disparagement, and confidentiality covenants.","Performance unit awards forfeited; Mr. Kohl agreed to cooperate for 6 months post-retirement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147627,"accession_number":"0001437749-25-027355","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marten Transport CEO Kohl to retire Sept 30; Randolph Marten appointed Chairman & CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Timothy Kohl retiring effective Sept 30, 2025; company thanks him for his tenure.","Executive Chairman Randolph Marten, 72, named Chairman of the Board and CEO effective Oct 1, 2025.","Marten has been with Marten Transport since 1974; previously served as CEO from 2005 to 2021.","No material compensatory changes for Marten in connection with appointment; existing arrangements unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147626,"accession_number":"0001437749-25-022773","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-07-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q2 net income $7.2M, EPS $0.09 vs $0.10 YoY; revenue down 6.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $7.2M ($0.09 diluted EPS) vs $7.9M ($0.10) in Q2 2024; six-month net income $11.5M vs $17.5M.","Operating revenue $229.9M, down 6.6% YoY; net of fuel surcharges $203.8M vs $213.5M.","Operating income $9.7M vs $10.0M; operating margin (ex-fuel surcharge) 95.2% vs 95.3%.","Executive chairman cites prolonged freight market recession, oversupply, weak demand, and trade policy volatility.","Expects growth from industry capacity exits due to English Language Proficiency and B-1 visa enforcement."],"consensus_eps_estimate":0.085,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":453074000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166289,"accession_number":"0001437749-25-016118","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Marten Transport reinstates NEO base salaries, increases CFO pay, adopts 2025 equity plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Base salaries for all six NEOs reinstated retroactive to April 7, 2025, after temporary cuts of 5-7.5% in Sep 2024.","CFO James Hinnendael's salary increased to $450k from $412k as part of reinstatement.","Non-employee director stock grant increased from 3,500 to 4,500 shares upon re-election.","Shareholders approved 2025 Equity Incentive Plan, elected all directors, passed say-on-pay, ratified Grant Thornton.","Compensation Committee approved forms for non-statutory stock option and performance award agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166288,"accession_number":"0001437749-25-012120","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q1 net income drops 55% to $4.3M; EPS $0.05 vs $0.12","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $4.3M ($0.05 diluted EPS) vs $9.6M ($0.12) in Q1 2024.","Operating revenue $223.2M, down 10.6% YoY from $249.7M.","Operating income $5.9M vs $12.3M; operating expense ratio 97.4% vs 95.1%.","Fuel surcharge revenue fell to $27.4M from $33.9M.","Executive Chairman cites freight market recession and trade policy volatility as headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":223152000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183735,"accession_number":"0001437749-25-004350","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Thomas J. Winkel steps down from Marten Transport board at 2025 Annual Meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Thomas J. Winkel will not seek reelection at the 2025 Annual Meeting for personal reasons.","He will continue serving on the Board until the Annual Meeting.","Winkel stated his decision is not due to any disagreement with the Company.","No replacement announced; board size will decrease by one after the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183734,"accession_number":"0001437749-25-001910","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q4 EPS drops to $0.07 from $0.15; full-year EPS $0.33 vs $0.86","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $5.6M ($0.07 diluted EPS) vs $12.4M ($0.15) YoY; revenue $230.4M vs $268.2M.","Full-year net income $26.9M ($0.33 EPS) vs $70.4M ($0.86) in 2023; revenue $963.7M vs $1.131B.","Q4 operating income $6.7M vs $15.7M YoY; operating ratio (net of fuel surcharges) 96.7% vs 93.2%.","Q4 net income improved 50.1% sequentially from Q3 2024; first such improvement since Q2 2022.","Management continues to navigate freight market recession; positions for growth when cycle turns."],"consensus_eps_estimate":null,"consensus_eps_actual":0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":963708000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200331,"accession_number":"0001437749-24-031470","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2024-10-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q3 net income $3.8M ($0.05 EPS), down 72% YoY; revenue down 15%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $3.8M, EPS $0.05, vs $13.6M ($0.17) in Q3 2023; nine-month net income $21.3M ($0.26) vs $58.0M ($0.71).","Operating revenue $237.4M (-15% YoY); ex-fuel surcharge $207.9M (-13%).","Operating income $4.3M vs $17.2M; operating expense ratio worsened to 98.2% (GAAP) or 97.9% (ex-fuel surcharge) from 93.8%/92.8%.","Executive Chairman cites freight recession, weak demand, inflationary costs; notes sequential improvement in truckload/dedicated rates.","New multi-year dedicated programs for 149 drivers (up from 133); contracts extended for 337 drivers."],"consensus_eps_estimate":null,"consensus_eps_actual":0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":733276000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216368,"accession_number":"0001437749-24-029002","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2024-09-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Marten Transport temporarily reduces NEO base salaries by 5–7.5% amid freight recession","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Four executive officers (Marten, Kohl, Hinnendael, Petit) take 7.5% salary reduction.","Two executive officers (Phillips, Baier) take 5.0% salary reduction, effective Sept 9, 2024.","Reductions are temporary; last base salary change was May 2023 or later in 2023.","Cost reduction initiative to offset prolonged freight market oversupply, weak demand, and inflation.","No other compensation items are affected by the salary reductions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216367,"accession_number":"0001437749-24-022984","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q2 EPS $0.10 vs $0.27 YoY; revenue down 14% to $246.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $7.9M ($0.10 diluted) vs $21.9M ($0.27) in Q2 2023; operating income $10.0M vs $28.2M.","Operating revenue $246.2M, down 14% YoY from $285.7M; fuel surcharge revenue fell to $32.7M from $37.0M.","Executive cites freight market recession, oversupply, weak demand, and inflationary costs as headwinds.","Added new multi-year dedicated programs for an additional 133 drivers starting in Q3.","Non-GAAP operating expenses as % of revenue net of fuel surcharges were 95.3% vs 88.7% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":495910000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235932,"accession_number":"0001437749-24-016000","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Marten Transport shareholders re-elect all directors, approve advisory compensation vote","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 8 director nominees re-elected at May 7 annual meeting; broker non-votes ranged from 2.85M to 3.31M.","Advisory vote on executive compensation approved: 70.4M for, 0.7M against.","Ratification of Grant Thornton as auditor for FY2024 approved: 73.6M for, 0.3M against.","Non-employee director stock grant increased from 3,000 to 3,500 shares on re-election; retainer fees unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235931,"accession_number":"0001437749-24-012435","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2024-04-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q1 net income $9.6M ($0.12 EPS) vs $22.5M ($0.28) YoY; 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full-year EPS drops to $0.86 from $1.35","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 diluted EPS of $0.15 vs $0.31 in Q4 2022; operating revenue down 17% to $268.2M.","Full-year 2023 net income $70.4M ($0.86/sh) vs $110.4M ($1.35/sh) in 2022.","Operating expenses as % of operating revenue (net of fuel surcharges) rose to 93.2% from 87.8%.","Executive Chairman cites freight market recession, weak demand, oversupply, and inflationary costs.","Company has not agreed to any rate reductions since August 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":1131455000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271125,"accession_number":"0001437749-23-034741","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-12-18T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marten Transport appoints Adam Phillips as EVP and COO, effective Dec 13, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Adam Phillips appointed Executive VP and COO effective Dec 13, 2023; base salary $310,000/year.","Phillips receives $26,539 for accumulated vacation pay; eligible for cash bonus under incentive plan.","Change-in-control severance: lump sum 100% base salary plus 1x highest bonus in prior 3 years.","Phillips has served as COO since March 2023; prior roles include President of Western Operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271124,"accession_number":"0001437749-23-028511","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-10-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q3 net income falls 47% to $13.6M; EPS $0.17 vs $0.32","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $13.6M ($0.17/diluted) vs $25.6M ($0.32) YoY; revenue $279.5M vs $324.4M.","Operating income $17.2M, down 49% YoY; operating expenses ex-fuel at 92.8% vs 87.5% in Q3'22.","Weak demand, reduced rates, and $3.9M add'l net fuel expense vs Q2 pressured results.","Management says no rate cuts since early Aug; focus on positioning for market recovery."],"consensus_eps_estimate":null,"consensus_eps_actual":0.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":863233000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288007,"accession_number":"0001437749-23-024282","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-08-21T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Marten Transport adopts amended bylaws with advance notice provisions for shareholder proposals","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Effective August 15, 2023, Board adopted Amended and Restated Bylaws.","Advance notice for nominations/proposals now must be received 90-120 days prior to annual meeting anniversary.","Notice must include detailed info on nominees, stock ownership, voting commitments, and legal proceedings.","Amendments also reflect technical changes required by SEC universal proxy rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288006,"accession_number":"0001437749-23-020225","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q2 net income $21.9M ($0.27 EPS), down 31% YoY; revenue $285.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income fell to $21.9M from $31.7M; diluted EPS dropped to $0.27 from $0.39.","Operating revenue $285.7M (-13% YoY); ex-fuel surcharge revenue $248.6M (-7.6% YoY).","Operating income $28.2M (down from $40.9M); operating expense ratio net of fuel 88.7% vs 84.8%.","Executive chairman cited soft freight demand, excess capacity, and inflationary cost pressures.","Company called Q2 its second-highest Q2 operating revenue and net income in history."],"consensus_eps_estimate":null,"consensus_eps_actual":0.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":583695000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308395,"accession_number":"0001437749-23-013011","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Marten Transport raises executive base salaries ~3%; 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Apr 3, 2023).","Shareholders elected all 8 directors; ~98.8% approved say-on-pay; 1-year frequency selected.","Ratification of Grant Thornton as auditor for FY 2023 approved with 99.4% for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308394,"accession_number":"0001437749-23-010548","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-04-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q1 EPS falls to $0.28 from $0.33; revenue up 3.7% to $298M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $22.5M ($0.28 diluted EPS) vs $27.5M ($0.33) in Q1 2022, down 18%.","Operating revenue $298.0M (+3.7%); ex-fuel surcharge $254.9M (+3.9%).","Operating income $29.0M vs $35.9M; operating margin declined to 9.7% from 12.5%.","Fuel surcharge revenue increased to $43.1M from $42.0M.","Management cites severe weather and softer freight market; expects increased carrier exits."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":298023000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327229,"accession_number":"0001437749-23-005966","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Marten Transport elects Patricia L. 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can be expanded up to $100M.","Interest based on Term SOFR plus 0.75%-1.70% margin depending on leverage ratio.","Credit replaces August 2006 facility; letters of credit sublimit of $30M.","Covenants include max cash flow leverage ratio and min fixed charge coverage ratio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1417203261.104348,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361417,"accession_number":"0001437749-22-017256","cik":799167,"company_name":"MARTEN TRANSPORT LTD","ticker":"MRTN","form_type":"8-K","filed_at":"2022-07-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marten Transport Q2 net income $31.7M ($0.39 EPS); 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