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

From the Filing

0000950170-24-061389.txt : 20240517 0000950170-24-061389.hdr.sgml : 20240517 20240517113738 ACCESSION NUMBER: 0000950170-24-061389 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20240516 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARTIN MARIETTA MATERIALS INC CENTRAL INDEX KEY: 0000916076 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 561848578 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12744 FILM NUMBER: 24958393 BUSINESS ADDRESS: STREET 1: 4123 PARKLAKE AVE CITY: RALEIGH STATE: NC ZIP: 27612 BUSINESS PHONE: 919-781-4550 MAIL ADDRESS: STREET 1: 4123 PARKLAKE AVE CITY: RALEIGH STATE: NC ZIP: 27612 8-K 1 mlm-20240516.htm 8-K 8-K 0000916076 false 0000916076 2024-05-16 2024-05-16   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 16, 2024     Martin Marietta Materials, Inc. (Exact name of Registrant as Specified in Its Charter)     North Carolina 1-12744 56-1848578 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           4123 Parklake Avenue   Raleigh , North Carolina   27612 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 919 781-4550   Not Applicable (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $.01 par value per share   MLM   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   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