secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MARIETTA MATERIALS INC (MLM)
CIK:        0000916076
Form:       8-K
Filed at:   2026-08-04T20:52:46+00:00
Accession:  0000950157-26-000837
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Martin Marietta promotes Michael J. Petro to EVP, CFO with $750K base salary
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- Michael J. Petro promoted to Executive Vice President, Chief Financial Officer effective August 4, 2026.
- Base salary $750,000; target annual incentive 100% of base; target long-term incentive 260% of base.
- One-time RSU grant of $5,000,000 vesting ratably on 6th, 7th, 8th anniversaries.
- Severance: three times base salary plus target bonus on termination without cause or for good reason; three-year non-compete.
- Employment Protection Agreement provides change-of-control severance equal to three times annual compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916076/000095015726000837/0000950157-26-000837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916076/000095015726000837/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-26-000837

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