March 12, 2024 · Form 4 insider transaction
Phillips Adam Daniel sold 610 shares of Marten Transport Ltd at $19.02 per share, a transaction worth $11.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Of the 1,400 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) 1,200 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2027; (ii) 900 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2026; (iii) 400 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024 through 12/31/2025; and (iv) 300 shares granted under a Performance Unit Award Agreement that vest on 12/31/2024.