---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-021307"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2021-09-01T23:59:59+00:00"
generated_at: "2026-06-29T06:36:23.161434+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Marten Transport appoints Doug Petit as President effective August 30, 2021

## Summary
- Doug Petit, previously COO since August 2019, succeeds Tim Kohl who became CEO in May 2021.
- Petit's base salary set at $360,000 per year; eligible for bonus under executive incentive plan.
- Petit to receive $24,279 for accumulated vacation pay; will enter change-in-control severance and indemnification agreements.
- Appointment part of planned leadership transition; Petit has been with Marten since 1992 in operations roles.

## SEC filing metadata
- accession: 0001437749-21-021307
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2021-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774921021307/0001437749-21-021307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774921021307/mrtn20210831_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-021307
- JSON: https://secwatch.observer/filing/0001437749-21-021307.json
- Plain text: https://secwatch.observer/filing/0001437749-21-021307.txt

## Key facts
- Executive change
  Doug Petit was appointed as President at MARTEN TRANSPORT LTD.
  - Action: appointed
  - Role: President
  source text: On August 30, 2021, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved the appointment of Doug Petit as its new President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/799167/000143774921021307/0001437749-21-021307-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.