Short answer
Martin Marietta Materials (MLM) filed an 8-K current report with the SEC on August 4, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Michael J. Petro promoted to Executive Vice President and Chief Financial Officer on August 4, 2026.
Martin Marietta Materials 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Michael J. Petro promoted to Executive Vice President and Chief Financial Officer on August 4, 2026
- Base salary $750,000, with target annual incentive of 100% and long-term incentive of 260% of base salary
- One-time $5,000,000 restricted stock unit grant, vesting ratably over years six through eight
- Severance up to three times base salary plus target bonus, with benefits and equity vesting after qualifying termination
- Change-of-control protection includes three times annual compensation and 36 months of benefits
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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