Marten Transport CEO Timothy Kohl retires, receives $620K severance

MARTEN TRANSPORT LTD

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.

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