March 11, 2025 · Form 4 insider transaction
Phillips Adam Daniel sold 816 shares of Marten Transport Ltd at $14.01 per share, a transaction worth $11.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Of the 1,872 shares that vested, this number of shares were withheld in exchange for payment of employee taxes. All vested shares were previously reported as they vested based on service.; Includes: (i) 3,086 shares granted under a Performance Unit Award Agreement that vest on 12/31/2025 through 12/31/2028; (ii) 900 shares granted under a Performance Unit Award Agreement that vest on 12/31/2025 through 12/31/2027; (iii) 600 shares granted under a Performance Unit Award Agreement that vest on 12/31/2025 through 12/31/2026; and (iv) 200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2025.