MRTN · Marten Transport Ltd · Executive Compensation

$11.93 -0.08 (-0.67%) At close · Nov 12

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$974.22M

81.66M

Volume · Nov 12 339.33K Avg daily vol (3M) 700.86K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy M. Kohl	Former Chief Executive Officer	$553,863	—	$314,902	—	—	$629,204	$1,497,969
Randolph L. Marten	Chairman and Chief Executive Officer (Principal Executive Officer)	$801,483	—	$342,998	—	—	$9,822	$1,154,303
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$431,450	—	$172,762	—	—	$11,006	$615,218
Douglas P. Petit	President	$392,903	—	$168,143	—	—	$9,498	$570,544
Adam D. Phillips	Executive Vice President and Chief Operating Officer	$305,827	—	$129,984	—	—	$5,395	$441,206
Randall J. Baier	Executive Vice President and Chief Technology Officer	$295,962	—	$125,796	—	—	$6,778	$428,536

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Executive Chairman	$830,585	—	$357,079	—	—	$9,717	$1,197,381
Timothy M. Kohl	Chief Executive Officer (Principal Executive Officer)	$762,554	—	$327,840	—	—	$8,509	$1,098,903
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$418,338	—	$179,855	—	—	$9,225	$607,418
Douglas P. Petit	President	$407,169	—	$175,049	—	—	$8,535	$590,753
Adam D. Phillips	Executive Vice President and Chief Operating Officer	$317,154	—	$135,321	—	—	$4,944	$457,419
Randall J. Baier	Executive Vice President and Chief Technology Officer	$306,923	—	$130,954	—	—	$6,008	$443,885

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Executive Chairman	$811,077	—	$359,169	—	—	$9,402	$1,179,648
Timothy M. Kohl	Chief Executive Officer (Principal Executive Officer)	$744,654	—	$329,746	—	—	$8,836	$1,083,236
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$408,538	—	$180,906	—	—	$8,220	$597,664
Douglas P. Petit	President	$397,539	—	$176,071	—	—	$8,220	$581,830
Adam D. Phillips	Executive Vice President and Chief Operating Officer	$288,860	—	$61,470	—	—	$31,547	$381,877
Randall J. Baier	Executive Vice President and Chief Technology Officer	$266,576	—	$61,470	—	—	$27,554	$355,600

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Executive Chairman	$776,998	$643,354	$373,333	—	—	$8,877	$1,802,562
Timothy M. Kohl	Chief Executive Officer (Principal Executive Officer)	$713,423	$590,714	$342,756	—	—	$8,877	$1,655,770
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$391,346	$324,034	$188,068	—	—	$7,695	$911,143
Douglas P. Petit	President	$380,635	$315,166	$182,909	—	—	$7,538	$886,248

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Executive Chairman	$735,060	$474,114	$416,605	—	—	$7,452	$1,633,231
Timothy M. Kohl	Chief Executive Officer (Principal Executive Officer)	$637,165	$410,971	$362,737	—	—	$6,425	$1,417,298
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$358,376	$231,153	$209,709	—	—	$7,380	$806,618
John H. Turner	Executive Vice President of Sales and Marketing	$342,630	$222,996	$198,373	—	—	$7,555	$771,554
Douglas P. Petit	President	$285,577	$188,606	$34,720	$13,320	—	$30,100	$552,323

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Executive Chairman	$728,884	$242,718	$174,987	—	—	$7,398	$1,153,987
Timothy M. Kohl	Chief Executive Officer (Principal Executive Officer)	$539,271	$179,577	$124,138	—	—	$7,163	$850,149
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$326,933	$108,869	$82,940	—	—	$7,997	$526,739
John H. Turner	Executive Vice President of Sales and Marketing	$321,724	$107,134	$81,625	—	—	$6,920	$517,403

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Executive Chairman	$706,260	$173,740	$302,328	—	—	$10,636	$1,192,964
Timothy M. Kohl	Chief Executive Officer (Principal Executive Officer)	$522,535	$128,544	$224,757	—	—	$8,446	$884,282
James J. Hinnendael	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	$316,788	$77,930	$135,252	—	—	$6,639	$536,609
John H. Turner	Executive Vice President of Sales and Marketing	$306,465	$75,390	$133,263	—	—	$7,805	$522,923

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Chairman and Chief Executive Officer	$679,092	$679,092	$295,075	—	—	$16,886	$1,670,145
Timothy M. Kohl	President	$502,450	$502,450	$217,745	—	—	$8,247	$1,230,892
James J. Hinnendael	Executive Vice President and Chief Financial Officer	$301,662	$301,662	$144,485	—	—	$6,470	$754,279
John H. Turner	Executive Vice President of Sales and Marketing	$280,365	$280,365	$120,065	—	—	$7,439	$688,234

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Randolph L. Marten	Chairman and Chief Executive Officer	$652,961	$32,648	$501,285	—	—	$30,326	$1,217,220
Timothy M. Kohl	President	$483,138	$24,157	$375,960	—	—	$8,142	$891,397
James J. Hinnendael	Executive Vice President and Chief Financial Officer	$279,265	$13,963	$228,960	—	—	$5,753	$527,941
John H. Turner	Executive Vice President of Sales and Marketing	$269,573	$13,479	$214,500	—	—	$7,126	$504,678

Executive changes

Person	Role	Change	Effective	Filed
Patricia L. Jones	director	Appointed	2026-05-05	2026-05-11
Ronald R. Booth	director	Appointed	2026-05-05	2026-05-11
Kathleen P. Iverson	director	Appointed	2026-05-05	2026-05-11
Robert L. Demorest	director	Appointed	2026-05-05	2026-05-11
Larry B. Hagness	director	Appointed	2026-05-05	2026-05-11
Jerry M. Bauer	director	Appointed	2026-05-05	2026-05-11
Randolph L. Marten	director	Appointed	2026-05-05	2026-05-11
Timothy M. Kohl	Chief Executive Officer	Retired	2025-09-30	2025-10-06
Randolph L. Marten	Chairman of the Board of Directors and Chief Executive Officer	Appointed	2025-10-01	2025-08-19
Timothy M. Kohl	Chief Executive Officer	Retired	2025-09-30	2025-08-19
Adam Phillips	Executive Vice President and Chief Operating Officer	Appointed	2023-12-13	2023-12-18
Patricia L. Jones	independent director	Appointed	2023-03-15	2023-03-09

Leadership

Randolph L. Marten CEO, Board Member
Tim Kohl CEO
Randy Marten Chairman
James J. Hinnendael CFO
Adam D. Phillips COO
Adam Phillips COO
Randall J. Baier CTO
Jerry M. Bauer Board Member
Kathleen P. Iverson Board Member
Larry B. Hagness Board Member
Patricia L. Jones Board Member
Robert L. Demorest Board Member
Ronald R. Booth Board Member

Key facts CIK 799167 CUSIP 573075108 13F (30d) 154 filings 137 filers Visit website Investor relations