{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-28T15:37:34.685608+00:00","company":{"ticker":"MRTN","cik":799167,"company_name":"MARTEN TRANSPORT LTD"},"pagination":{"limit":100,"returned":26,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"U.S. Bank National Association, as agent, and certain banks party thereto","detail":"credit_facility","count":1,"first_seen":"2026-06-18T20:01:54+00:00","last_seen":"2026-06-18T20:01:54+00:00","evidence_fact_ids":[175326]}],"lender":[{"display_name":"U.S. Bank National Association","detail":"credit_facility","count":1,"first_seen":"2026-06-18T20:01:54+00:00","last_seen":"2026-06-18T20:01:54+00:00","evidence_fact_ids":[175329]}]},"facts":[{"fact_type":"debt_financing","fact_key":"e7626a0a64b64ec50240d442077e248fb2fb4c3e","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2026-06-18T20:01:54+00:00","payload":{"counterparty":"U.S. Bank National Association","effective_date":"2026-06-12","event":"amendment","instrument_type":"credit_facility","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"maximum aggregate principal amount of up to $105 million"},"claim":"MARTEN TRANSPORT LTD amended credit facility of maximum aggregate principal amount of up to $105 million with U.S. Bank National Association.","evidence_excerpt":"On June 12, 2026, Marten entered into the First Amendment to Credit Agreement (the “Amendment”) to increase the sublimit for the issuance of letters of credit from $30 million to $35 million and increase the maximum aggregate principal amount from $100 million to $105 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-021135","anchor_url":"https://secwatch.observer/filing/0001437749-26-021135#claim-e7626a0a64b64ec50240d442077e248fb2fb4c3e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774926021135/0001437749-26-021135-index.htm"},{"fact_type":"material_agreement","fact_key":"25f9c499d484e75203b80a1f2d157c37300b3817","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2026-06-18T20:01:54+00:00","payload":{"action":"amendment","agreement_name":"First Amendment to Credit Agreement","agreement_type":"credit_facility","counterparty":"U.S. Bank National Association, as agent, and certain banks party thereto","effective_date":"2026-06-12","item_codes_triggered":["1.01"],"value_text":null},"claim":"MARTEN TRANSPORT LTD amended First Amendment to Credit Agreement with U.S. Bank National Association, as agent, and certain banks party thereto (effective 2026-06-12).","evidence_excerpt":"On June 12, 2026, Marten entered into the First Amendment to Credit Agreement (the “Amendment”) to increase the sublimit for the issuance of letters of credit from $30 million to $35 million and increase the maximum aggregate principal amount from $100 million to $105 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-021135","anchor_url":"https://secwatch.observer/filing/0001437749-26-021135#claim-25f9c499d484e75203b80a1f2d157c37300b3817","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774926021135/0001437749-26-021135-index.htm"},{"fact_type":"shareholder_vote","fact_key":"184a856db52e56c51849ab62d8ae779e99b784c5","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2026-05-11T20:02:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-05","outcome":"passed","proposal_text":"To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2026.","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"10,643","votes_against":"171,204","votes_for":"75,043,366","votes_withheld":null}]},"claim":"MARTEN TRANSPORT LTD shareholders approved To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2026. at the 2026-05-05 meeting.","evidence_excerpt":"To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2026. Our stockholders approved this proposal as follows: For Against Abstain Broker Non-Votes 75,043,366 171,204 10,643 0","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-016108","anchor_url":"https://secwatch.observer/filing/0001437749-26-016108#claim-184a856db52e56c51849ab62d8ae779e99b784c5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774926016108/0001437749-26-016108-index.htm"},{"fact_type":"shareholder_vote","fact_key":"532d76ae89debc4d26ae334f61361150328afac0","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2026-05-11T20:02:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-05","outcome":"passed","proposal_text":"To consider and hold a vote on an advisory resolution to approve executive compensation.","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,598,203","subject":null,"votes_abstain":"51,948","votes_against":"722,632","votes_for":"71,852,429","votes_withheld":null}]},"claim":"MARTEN TRANSPORT LTD shareholders approved To consider and hold a vote on an advisory resolution to approve executive compensation. at the 2026-05-05 meeting.","evidence_excerpt":"To consider and hold a vote on an advisory resolution to approve executive compensation. Our stockholders approved this proposal as follows: For Against Abstain Broker Non-Votes 71,852,429 722,632 51,948 2,598,203","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-016108","anchor_url":"https://secwatch.observer/filing/0001437749-26-016108#claim-532d76ae89debc4d26ae334f61361150328afac0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774926016108/0001437749-26-016108-index.htm"},{"fact_type":"shareholder_vote","fact_key":"626ce2a6641069f78828d9741cbf1382df6e4bce","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2026-05-11T20:02:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-05","outcome":"passed","proposal_text":"To elect seven directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified.","proposal_type":"director_election","results":[{"broker_non_votes":"2,598,203","subject":"Randolph L. Marten","votes_abstain":"14,891","votes_against":null,"votes_for":"72,196,821","votes_withheld":"415,298"},{"broker_non_votes":"2,598,203","subject":"Larry B. Hagness","votes_abstain":"24,437","votes_against":null,"votes_for":"60,357,706","votes_withheld":"12,244,867"},{"broker_non_votes":"2,598,203","subject":"Jerry M. Bauer","votes_abstain":"24,249","votes_against":null,"votes_for":"65,621,935","votes_withheld":"6,980,826"},{"broker_non_votes":"2,598,203","subject":"Robert L. Demorest","votes_abstain":"25,181","votes_against":null,"votes_for":"66,576,941","votes_withheld":"6,024,888"},{"broker_non_votes":"2,598,203","subject":"Ronald R. Booth","votes_abstain":"25,181","votes_against":null,"votes_for":"69,237,938","votes_withheld":"3,363,891"},{"broker_non_votes":"2,598,203","subject":"Kathleen P. Iverson","votes_abstain":"21,076","votes_against":null,"votes_for":"72,270,754","votes_withheld":"335,180"},{"broker_non_votes":"2,598,203","subject":"Patricia L. Jones","votes_abstain":"25,626","votes_against":null,"votes_for":"65,675,050","votes_withheld":"6,926,334"}]},"claim":"MARTEN TRANSPORT LTD shareholders approved To elect seven directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. at the 2026-05-05 meeting.","evidence_excerpt":"To elect seven directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. Our stockholders duly elected all director nominees as follows: For Against Abstain Broker Non-Votes Randolph L. Marten 72,196,821 415,298 14,891 2,598,203 Larry B. Hagness 60,357,706 12,244,867 24,437 2,598,203 Jerry M. Bauer 65,621,935 6,980,826 24,249 2,598,203 Robert L. Demorest 66,576,941 6,024,888 25,181 2,598,203 Ronald R. Booth 69,237,938 3,363,891 25,181 2,598,203 Kathleen P. Iverson 72,270,754 335,180 21,076 2,598,203 Patricia L. Jones 65,675,050 6,926,334 25,626 2,598,203","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-016108","anchor_url":"https://secwatch.observer/filing/0001437749-26-016108#claim-626ce2a6641069f78828d9741cbf1382df6e4bce","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774926016108/0001437749-26-016108-index.htm"},{"fact_type":"earnings_release","fact_key":"c68e4ac5498bc987441d18d684990641d675736f","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2026-04-23T23:59:59+00:00","payload":{"eps_text":"2 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1.4 million","period_text":"first quarter ended March 31, 2026","report_date":"2026-04-23","result_type":"reported_results","revenue_text":"$203.5 million"},"claim":"MARTEN TRANSPORT LTD reported first quarter ended March 31, 2026 results: revenue $203.5 million, net income $1.4 million, EPS 2 cents per diluted share.","evidence_excerpt":"Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $1.4 million, or 2 cents per diluted share, for the first quarter ended March 31, 2026, compared with $4.3 million, or 5 cents per diluted share, for the first quarter of 2025. Operating revenue was $203.5 million for the first quarter of 2026 compared with $223.2 million for the first quarter of 2025.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-013179","anchor_url":"https://secwatch.observer/filing/0001437749-26-013179#claim-c68e4ac5498bc987441d18d684990641d675736f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774926013179/0001437749-26-013179-index.htm"},{"fact_type":"executive_change","fact_key":"ffd4449e8b","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2025-02-19T23:59:59+00:00","payload":{"action":"will not seek reelection","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Thomas J. Winkel departed as Director at MARTEN TRANSPORT LTD.","evidence_excerpt":"On February 13, 2025, Mr. Thomas J. Winkel, a member of the Board of Directors of Marten Transport, Ltd. (the “Company”), notified the Company that he will not seek reelection as a director of the Company at the Company’s upcoming 2025 Annual Meeting of Stockholders for personal reasons.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-25-004350","anchor_url":"https://secwatch.observer/filing/0001437749-25-004350#claim-ffd4449e8b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774925004350/0001437749-25-004350-index.htm"},{"fact_type":"shareholder_vote","fact_key":"66319764d57b27dd4267e469655d569c782498c3","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-05-10T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-07","outcome":"passed","proposal_text":"Ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2024.","proposal_type":"auditor_ratification","votes_abstain_text":"18,419","votes_against_text":"329,966","votes_for_text":"73,626,529"},"claim":"MARTEN TRANSPORT LTD shareholders approved Ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2024. at the 2024-05-07 meeting.","evidence_excerpt":"To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2024. Our stockholders approved this proposal as follows: For Against Abstain Broker Non-Votes 73,626,529 329,966 18,419 0","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-016000","anchor_url":"https://secwatch.observer/filing/0001437749-24-016000#claim-66319764d57b27dd4267e469655d569c782498c3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924016000/0001437749-24-016000-index.htm"},{"fact_type":"shareholder_vote","fact_key":"4b11f008965b9b7a0e033b73a4a99b895d91fceb","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-05-10T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-07","outcome":"passed","proposal_text":"Advisory resolution to approve executive compensation.","proposal_type":"say_on_pay","votes_abstain_text":"25,124","votes_against_text":"718,355","votes_for_text":"70,379,466"},"claim":"MARTEN TRANSPORT LTD shareholders approved Advisory resolution to approve executive compensation. at the 2024-05-07 meeting.","evidence_excerpt":"To consider and hold a vote on an advisory resolution to approve executive compensation. Our stockholders approved this proposal as follows: For Against Abstain Broker Non-Votes 70,379,466 718,355 25,124 2,851,969","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-016000","anchor_url":"https://secwatch.observer/filing/0001437749-24-016000#claim-4b11f008965b9b7a0e033b73a4a99b895d91fceb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924016000/0001437749-24-016000-index.htm"},{"fact_type":"shareholder_vote","fact_key":"b4f2360bd46af50f31e8ab75a751a90b816cdd24","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-05-10T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-07","outcome":"passed","proposal_text":"Election of eight directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified.","proposal_type":"director_election","votes_abstain_text":null,"votes_against_text":"Randolph L. Marten: 1,151,995; Larry B. Hagness: 5,657,782;","votes_for_text":"Randolph L. Marten: 69,946,030; Larry B. Hagness: 65,008,906"},"claim":"MARTEN TRANSPORT LTD shareholders approved Election of eight directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. at the 2024-05-07 meeting.","evidence_excerpt":"Marten Transport, Ltd. held its 2024 Annual Meeting of Stockholders on May 7, 2024. The final results of the stockholder vote on the business brought before the meeting are as follows: 1.    To elect eight directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. Our stockholders duly elected all director nominees as follows: For Withheld Broker Non-Votes Randolph L. Marten 69,946,030 1,151,995 2,876,889 Larry B. Hagness 65,008,906 5,657,782 3,308,226 Thomas J. Winkel 66,127,176 4,539,512 3,308,226 Jerry M. Bauer 66,655,453 4,011,235 3,308,226 Robert L. Demorest 62,895,507 7,771,182 3,308,226 Ronald R. Booth 69,138,958 1,983,988 2,851,969 Kathleen P. Iverson 70,731,187 391,759 2,851,969 Patricia L. Jones 69,208,141 1,914,804 2,851,969","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-016000","anchor_url":"https://secwatch.observer/filing/0001437749-24-016000#claim-b4f2360bd46af50f31e8ab75a751a90b816cdd24","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924016000/0001437749-24-016000-index.htm"},{"fact_type":"earnings_release","fact_key":"3de25ed08604631d921d7667ee41d1f9124022eb","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-04-18T23:59:59+00:00","payload":{"eps_text":"12 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$9.6 million","period_text":"first quarter ended March 31, 2024","report_date":"2024-04-18","result_type":"reported_results","revenue_text":null},"claim":"MARTEN TRANSPORT LTD reported first quarter ended March 31, 2024 results: net income $9.6 million, EPS 12 cents per diluted share.","evidence_excerpt":"Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $9.6 million, or 12 cents per diluted share, for the first quarter ended March 31, 2024","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-012435","anchor_url":"https://secwatch.observer/filing/0001437749-24-012435#claim-3de25ed08604631d921d7667ee41d1f9124022eb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924012435/0001437749-24-012435-index.htm"},{"fact_type":"earnings_release","fact_key":"f780db04de7ac64056510631276b10cdf870e989","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-01-25T23:59:59+00:00","payload":{"eps_text":"86 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$70.4 million","period_text":"the year ended December 31, 2023","report_date":"2024-01-25","result_type":"reported_results","revenue_text":"$1.131 billion"},"claim":"MARTEN TRANSPORT LTD reported the year ended December 31, 2023 results: revenue $1.131 billion, net income $70.4 million, EPS 86 cents per diluted share.","evidence_excerpt":"Operating revenue was $1.131 billion for 2023 compared with $1.264 billion for 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-24-002185","anchor_url":"https://secwatch.observer/filing/0001437749-24-002185#claim-f780db04de7ac64056510631276b10cdf870e989","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924002185/0001437749-24-002185-index.htm"},{"fact_type":"earnings_release","fact_key":"593b2a03a6cebecc9ad53ff0d5ab05f99cb34a1b","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-01-25T23:59:59+00:00","payload":{"eps_text":"15 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$12.4 million","period_text":"the fourth quarter ended December 31, 2023","report_date":"2024-01-25","result_type":"reported_results","revenue_text":"$268.2 million"},"claim":"MARTEN TRANSPORT LTD reported the fourth quarter ended December 31, 2023 results: revenue $268.2 million, net income $12.4 million, EPS 15 cents per diluted share.","evidence_excerpt":"Operating revenue was $268.2 million for the fourth quarter of 2023 compared with $322.6 million for the fourth quarter of 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-24-002185","anchor_url":"https://secwatch.observer/filing/0001437749-24-002185#claim-593b2a03a6cebecc9ad53ff0d5ab05f99cb34a1b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924002185/0001437749-24-002185-index.htm"},{"fact_type":"executive_change","fact_key":"52726dc6f0","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-12-18T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-12-13","interim":false,"role":"Executive Vice President and Chief Operating Officer","role_category":"coo","successor_name":null,"successor_named":false},"claim":"Adam Phillips was appointed as Executive Vice President and Chief Operating Officer at MARTEN TRANSPORT LTD.","evidence_excerpt":"On December 13, 2023, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved the appointment of Adam Phillips as its Executive Vice President and Chief Operating Officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-034741","anchor_url":"https://secwatch.observer/filing/0001437749-23-034741#claim-52726dc6f0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923034741/0001437749-23-034741-index.htm"},{"fact_type":"earnings_release","fact_key":"1a85060df1f96bc9a70b248b18b9d1e22c186b71","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-10-18T23:59:59+00:00","payload":{"eps_text":"17 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$13.6 million","period_text":"the third quarter ended September 30, 2023","report_date":"2023-10-18","result_type":"reported_results","revenue_text":"$279.5 million"},"claim":"MARTEN TRANSPORT LTD reported the third quarter ended September 30, 2023 results: revenue $279.5 million, net income $13.6 million, EPS 17 cents per diluted share.","evidence_excerpt":"2023, net income was $58.0 million, or 71 cents per diluted share, compared with $84.8 million, or $1.03 per diluted share, for the 2022 nine-month period. Operating revenue was $279.5 million for the third quarter of 2023 compared with $324.4 million for the third quarter of 2022. Excluding fuel surcharges, operating revenue was $239.1 million for the 2023 quarter","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-028511","anchor_url":"https://secwatch.observer/filing/0001437749-23-028511#claim-1a85060df1f96bc9a70b248b18b9d1e22c186b71","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923028511/0001437749-23-028511-index.htm"},{"fact_type":"governance_change","fact_key":"5b10d84a5f054827f794cd038ef9c292bff7b96e","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-08-21T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2023-08-15","item_codes_triggered":["5.03"],"summary_text":"Adopted Amended and Restated Bylaws updating advance notice provisions for nominations and shareholder proposals, and making technical changes for universal proxy rules."},"claim":"MARTEN TRANSPORT LTD: Adopted Amended and Restated Bylaws updating advance notice provisions for nominations and shareholder proposals, and making technical changes for universal proxy rules (effective 2023-08-15).","evidence_excerpt":"On August 15, 2023, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved and adopted Amended and Restated Bylaws (the “Amended and Restated Bylaws”), effective immediately.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-23-024282","anchor_url":"https://secwatch.observer/filing/0001437749-23-024282#claim-5b10d84a5f054827f794cd038ef9c292bff7b96e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923024282/0001437749-23-024282-index.htm"},{"fact_type":"earnings_release","fact_key":"ebfa04a280c425f97a04425254f9796d82826062","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-07-19T23:59:59+00:00","payload":{"eps_text":"27 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$21.9 million","period_text":"quarter ended June 30, 2023","report_date":"2023-07-19","result_type":"reported_results","revenue_text":"$285.7 million"},"claim":"MARTEN TRANSPORT LTD reported quarter ended June 30, 2023 results: revenue $285.7 million, net income $21.9 million, EPS 27 cents per diluted share.","evidence_excerpt":"net income was $44.4 million, or 55 cents per diluted share, compared with $59.2 million, or 72 cents per diluted share, for the 2022 six-month period. Operating revenue was $285.7 million for the second quarter of 2023 compared with $329.6 million for the second quarter of 2022. Excluding fuel surcharges, operating revenue was $248.6 million for the 2023 quarter","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-23-020225","anchor_url":"https://secwatch.observer/filing/0001437749-23-020225#claim-ebfa04a280c425f97a04425254f9796d82826062","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923020225/0001437749-23-020225-index.htm"},{"fact_type":"shareholder_vote","fact_key":"b907495b21b687e18112538955982cf65d7e167c","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-02","outcome":"passed","proposal_text":"To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2023.","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"9,095","votes_against":"447,347","votes_for":"76,836,706","votes_withheld":null}]},"claim":"MARTEN TRANSPORT LTD shareholders approved To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2023. at the 2023-05-02 meeting.","evidence_excerpt":"4. To consider a proposal to ratify the selection of Grant Thornton LLP as our independent public accountants for the year ending December 31, 2023. Our stockholders approved this proposal as follows: For Against Abstain Broker Non-Votes 76,836,706 447,347 9,095 0","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-013011","anchor_url":"https://secwatch.observer/filing/0001437749-23-013011#claim-b907495b21b687e18112538955982cf65d7e167c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923013011/0001437749-23-013011-index.htm"},{"fact_type":"shareholder_vote","fact_key":"783d25ead788b75891d005691389e23126add729","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-02","outcome":"unknown","proposal_text":"To consider and hold a vote on an advisory resolution on the frequency of holding an advisory vote on executive compensation.","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"2,395,487","subject":null,"votes_abstain":"68,434","votes_against":null,"votes_for":"69,079,403","votes_withheld":null}]},"claim":"MARTEN TRANSPORT LTD shareholders voted on To consider and hold a vote on an advisory resolution on the frequency of holding an advisory vote on executive compensation. at the 2023-05-02 meeting.","evidence_excerpt":"3. To consider and hold a vote on an advisory resolution on the frequency of holding an advisory vote on executive compensation. Our stockholders voted on this proposal as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 69,079,403 51,805 5,698,019 68,434 2,395,487","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-013011","anchor_url":"https://secwatch.observer/filing/0001437749-23-013011#claim-783d25ead788b75891d005691389e23126add729","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923013011/0001437749-23-013011-index.htm"},{"fact_type":"shareholder_vote","fact_key":"f060949a8b691d1ddf0319fe240a2f8bb09bb4b4","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-02","outcome":"passed","proposal_text":"To consider and hold a vote on an advisory resolution to approve executive compensation.","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,395,487","subject":null,"votes_abstain":"84,695","votes_against":"814,634","votes_for":"73,998,332","votes_withheld":null}]},"claim":"MARTEN TRANSPORT LTD shareholders approved To consider and hold a vote on an advisory resolution to approve executive compensation. at the 2023-05-02 meeting.","evidence_excerpt":"2. To consider and hold a vote on an advisory resolution to approve executive compensation. Our stockholders approved this proposal as follows: For Against Abstain Broker Non-Votes 73,998,332 814,634 84,695 2,395,487","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-013011","anchor_url":"https://secwatch.observer/filing/0001437749-23-013011#claim-f060949a8b691d1ddf0319fe240a2f8bb09bb4b4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923013011/0001437749-23-013011-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8aad2662e4d2eabbdbb85fb0a52f207d494d55f0","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-02","outcome":"passed","proposal_text":"To elect eight directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified.","proposal_type":"director_election","results":[{"broker_non_votes":"2,395,487","subject":"Randolph L. Marten","votes_abstain":null,"votes_against":null,"votes_for":"73,407,284","votes_withheld":"1,490,377"},{"broker_non_votes":"2,395,487","subject":"Larry B. Hagness","votes_abstain":null,"votes_against":null,"votes_for":"64,220,118","votes_withheld":"10,677,543"},{"broker_non_votes":"2,395,487","subject":"Thomas J. Winkel","votes_abstain":null,"votes_against":null,"votes_for":"66,116,493","votes_withheld":"8,781,168"},{"broker_non_votes":"2,395,487","subject":"Jerry M. Bauer","votes_abstain":null,"votes_against":null,"votes_for":"69,370,616","votes_withheld":"5,527,045"},{"broker_non_votes":"2,395,487","subject":"Robert L. Demorest","votes_abstain":null,"votes_against":null,"votes_for":"65,224,185","votes_withheld":"9,673,476"},{"broker_non_votes":"2,395,487","subject":"Ronald R. Booth","votes_abstain":null,"votes_against":null,"votes_for":"72,180,686","votes_withheld":"2,716,975"},{"broker_non_votes":"2,395,487","subject":"Kathleen P. Iverson","votes_abstain":null,"votes_against":null,"votes_for":"74,544,366","votes_withheld":"353,295"},{"broker_non_votes":"2,395,487","subject":"Patricia L. Jones","votes_abstain":null,"votes_against":null,"votes_for":"73,209,762","votes_withheld":"1,687,899"}]},"claim":"MARTEN TRANSPORT LTD shareholders approved To elect eight directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. at the 2023-05-02 meeting.","evidence_excerpt":"1. To elect eight directors to hold office until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. Our stockholders duly elected all director nominees as follows: For Withheld Broker Non-Votes Randolph L. Marten 73,407,284 1,490,377 2,395,487 Larry B. Hagness 64,220,118 10,677,543 2,395,487 Thomas J. Winkel 66,116,493 8,781,168 2,395,487 Jerry M. Bauer 69,370,616 5,527,045 2,395,487 Robert L. Demorest 65,224,185 9,673,476 2,395,487 Ronald R. Booth 72,180,686 2,716,975 2,395,487 Kathleen P. Iverson 74,544,366 353,295 2,395,487 Patricia L. Jones 73,209,762 1,687,899 2,395,487","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-013011","anchor_url":"https://secwatch.observer/filing/0001437749-23-013011#claim-8aad2662e4d2eabbdbb85fb0a52f207d494d55f0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923013011/0001437749-23-013011-index.htm"},{"fact_type":"earnings_release","fact_key":"80edea4fc2df2d76fdb480bcf2a24a5daefb5a4c","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-04-18T23:59:59+00:00","payload":{"eps_text":"28 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$22.5 million","period_text":"first quarter ended March 31, 2023","report_date":"2023-04-18","result_type":"reported_results","revenue_text":"$298.0 million"},"claim":"MARTEN TRANSPORT LTD reported first quarter ended March 31, 2023 results: revenue $298.0 million, net income $22.5 million, EPS 28 cents per diluted share.","evidence_excerpt":"Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $22.5 million, or 28 cents per diluted share, for the first quarter ended March 31, 2023, compared with $27.5 million, or 33 cents per diluted share, for the first quarter of 2022. Operating revenue improved 3.7% to $298.0 million for the first quarter of 2023 from $287.3 million for the first quarter of 2022.","confidence":0.97,"filing_url":"https://secwatch.observer/filing/0001437749-23-010548","anchor_url":"https://secwatch.observer/filing/0001437749-23-010548#claim-80edea4fc2df2d76fdb480bcf2a24a5daefb5a4c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923010548/0001437749-23-010548-index.htm"},{"fact_type":"executive_change","fact_key":"adf731299e","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-03-09T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-03-15","interim":false,"role":"independent director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Patricia L. Jones was elected as independent director at MARTEN TRANSPORT LTD.","evidence_excerpt":"On March 3, 2023, the company's board of directors elected Patricia L. Jones as an independent director of the company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-005966","anchor_url":"https://secwatch.observer/filing/0001437749-23-005966#claim-adf731299e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923005966/0001437749-23-005966-index.htm"},{"fact_type":"earnings_release","fact_key":"7b2e09492217ff1a582046c284288571519e0941","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-01-24T23:59:59+00:00","payload":{"eps_text":"$1.35 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$110.4 million","period_text":"the year ended December 31, 2022","report_date":"2023-01-24","result_type":"reported_results","revenue_text":"$1.264 billion"},"claim":"MARTEN TRANSPORT LTD reported the year ended December 31, 2022 results: revenue $1.264 billion, net income $110.4 million, EPS $1.35 per diluted share.","evidence_excerpt":"revenue increased to $52.9 million for the 2022 quarter from $34.0 million for the 2021 quarter, reflecting significantly higher fuel prices. Operating revenue improved 29.8% to $1.264 billion for 2022, the highest amount for any year in Marten’s 77-year history, from $973.6 million for 2021. Excluding fuel surcharges, operating revenue improved 23.1% to $1.053 billion","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-001674","anchor_url":"https://secwatch.observer/filing/0001437749-23-001674#claim-7b2e09492217ff1a582046c284288571519e0941","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923001674/0001437749-23-001674-index.htm"},{"fact_type":"earnings_release","fact_key":"484190b7ea618d0c0ea2d26128836023d21c2b21","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2023-01-24T23:59:59+00:00","payload":{"eps_text":"31 cents per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$25.5 million","period_text":"the fourth quarter ended December 31, 2022","report_date":"2023-01-24","result_type":"reported_results","revenue_text":"$322.6 million"},"claim":"MARTEN TRANSPORT LTD reported the fourth quarter ended December 31, 2022 results: revenue $322.6 million, net income $25.5 million, EPS 31 cents per diluted share.","evidence_excerpt":"surcharges 15.8 % 23.1 % 8.3 % 6.8 % 8.6 % Operating income 6.9 % 28.3 % 19.8 % 21.9 % 8.7 % Net income 3.2 % 29.2 % 22.9 % 13.8 % 11.0 % Operating revenue improved 20.9% to $322.6 million for the fourth quarter of 2022 from $266.9 million for the fourth quarter of 2021. Excluding fuel surcharges, operating revenue improved 15.8% to $269.7 million for the 2022","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-001674","anchor_url":"https://secwatch.observer/filing/0001437749-23-001674#claim-484190b7ea618d0c0ea2d26128836023d21c2b21","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774923001674/0001437749-23-001674-index.htm"},{"fact_type":"executive_change","fact_key":"7aa1861b41","cik":799167,"ticker":"MRTN","company_name":"MARTEN TRANSPORT LTD","filed_at":"2022-05-06T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2022-05-02","interim":false,"role":"Executive Vice President of Sales and Marketing","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"John H. Turner retired as Executive Vice President of Sales and Marketing at MARTEN TRANSPORT LTD.","evidence_excerpt":"On May 2, 2022, John H. Turner, Marten Transport, Ltd.’s (the “Company’s”) Executive Vice President of Sales and Marketing, retired.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001437749-22-011340","anchor_url":"https://secwatch.observer/filing/0001437749-22-011340#claim-7aa1861b41","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774922011340/0001437749-22-011340-index.htm"}]}