Marten Transport disclosed executive salary increases, adoption of an amended incentive plan, and shareholder election of directors and advisory approval of executive compensation.
Key takeaways
CEO Randolph L. Marten's base salary increased to $842,600 from $818,000, retroactive to April 5, 2026.
The Third Amended and Restated Executive Officer Performance Incentive Plan adjusts net income calculation for bonus pool.
Non-employee director compensation remains unchanged; each receives 4,100 shares upon re-election.
All seven director nominees were elected at the 2026 Annual Meeting with strong support.
Shareholders approved executive compensation on an advisory basis with 71.9 million votes for.
Ratification of Grant Thornton LLP as auditor for 2026 was approved with 75.0 million votes for.