Martin Marietta Materials Stockholders Vote on Key Matters

TL;DR

MLM shareholders re-elected directors, approved exec pay, and ratified auditors. All good.

AI Summary

On May 16, 2024, Martin Marietta Materials, Inc. filed an 8-K report to announce the results of its annual meeting of stockholders. The company reported that its stockholders elected all nominated directors and ratified the appointment of its independent registered public accounting firm. Additionally, the advisory vote to approve executive compensation was approved.

Why It Matters

The outcome of these votes confirms shareholder confidence in the current board and executive compensation structure, which can impact investor sentiment and future strategic decisions.

Risk Assessment

Risk Level: low — This filing is routine and reports on standard corporate governance matters like director elections and auditor ratification, with no unexpected or negative financial information.

Key Players & Entities

• Martin Marietta Materials, Inc. (company) — Registrant
• May 16, 2024 (date) — Date of Report

FAQ

Filing Documents

• mlm-20240516.htm (8-K) — 104KB
• 0000950170-24-061389.txt ( ) — 217KB
• mlm-20240516.xsd (EX-101.SCH) — 24KB
• mlm-20240516_htm.xml (XML) — 5KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. Martin Marietta Materials, Inc. held its Annual Meeting of Shareholders on May 16, 2024. Of the 61,718,535 shares outstanding and entitled to vote, 57,176,910 shares were represented at the meeting, or a 93% quorum. The final results of voting for each matter submitted to a vote of shareholders at the meeting are as follows: Proposal 1 – Election of Directors Elected the following ten individuals to the Board of Directors to serve as directors for a term of one year until the Annual Meeting of Shareholders in 2025, and until their successors have been duly elected and qualified : Votes Cast For Votes Against Votes Abstained Broker Non-Votes Dorothy M. Ables 52,513,723 2,362,827 29,929 2,270,431 Sue W. Cole 53,051,251 1,825,758 29,470 2,270,431 Anthony R. Foxx 54,652,372 223,173 30,934 2,270,431 John J. Koraleski 54,343,022 532,375 31,082 2,270,431 Mary T. Mack 54,759,553 113,498 33,428 2,270,431 C. Howard Nye 52,965,127 1,914,588 26,764 2,270,431 Laree E. Perez 53,279,929 1,598,682 27,868 2,270,431 Thomas H. Pike 54,697,548 181,819 27,112 2,270,431 Donald W. Slager 54,455,127 420,407 30,945 2,270,431 David C. Wajsgras 54,593,826 281,475 31,178 2,270,431 Proposal 2 – Ratification of Appointment of Independent Auditors Ratified the selection of PricewaterhouseCoopers LLP as independent auditors for the year ending December 31, 2024. The voting results for this ratification were 56,719,203 shares voted for; 395,193 shares voted against; and 62,514 shares abstained from voting. Proposal 3 — Advisory Vote on Compensation of Named Executive Officers Approved, on an advisory basis, the overall compensation paid to the Corporation's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K in the Proxy Statement. The voting results for this approval were 51,624,624

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. MARTIN MARIETTA MATERIALS, INC. Date: May 17, 2024 By: /s/ Roselyn R. Bar Roselyn R. Bar, Executive Vice President, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR