secwatch.observer — SEC 8-K summary
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Issuer:     MARTEN TRANSPORT LTD (MRTN)
CIK:        0000799167
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001437749-25-030533
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799167/000143774925030533/0001437749-25-030533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799167/000143774925030533/mrtn20251006_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-030533

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