• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Marten Transport Ltd. (Amendment)

    1/31/23 1:31:59 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials
    Get the next $MRTN alert in real time by email
    SC 13G/A 1 martentransport13ga2_123122.htm

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934
    ( Amendment No. 2)*

    Marten Transport Ltd.

    (Name of Issuer)

    Common Stock

    (Title of Class of Securities)

    573075108

    (CUSIP Number) 

    December 31, 2022

    (Date of Event which Requires Filing of this Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    x  Rule 13d-1(b)
    ¨  Rule 13d-1(c)
    ¨  Rule 13d-1(d)

    * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     
     

     

             
    CUSIP No. 573075108   13G   Page 2 of 4 Pages
             

     

             
    1.  

    NAMES OF REPORTING PERSONS

     

    Victory Capital Management Inc.


    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

    13-2700161

       
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (see instructions)
    (a)    ¨
    (b)    ¨
       
    3.   SEC USE ONLY
     
       
    4.   CITIZENSHIP OR PLACE OF ORGANIZATION
     
    New York
       

     

             
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   5.  

    SOLE VOTING POWER
     
    4,633,402

      6.   SHARED VOTING POWER
     
    0
      7.   SOLE DISPOSITIVE POWER
     
    4,665,776
      8.   SHARED DISPOSITIVE POWER
     
    0

     

             
    9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    4,665,776
       
    10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    (see instructions)    ¨
       
    11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

    5.75%
       
    12.   TYPE OF REPORTING PERSON (see instructions)

    IA
       
             
             
                     
     
     

     

             
    CUSIP No. 573075108   13G   Page 3 of 4 Pages
             

    Item 1.

      (a) Name of Issuer
    Marten Transport Ltd..
         
      (b)

    Address of Issuer’s Principal Executive Offices

    129 Marten St.

    Mondovi, WI 54755

         

    Item 2.

      (a) Name of Persons Filing
    Victory Capital Management Inc.
         
      (b)

    Address of the Principal Office or, if none, residence
    4900 Tiedeman Rd. 4th Floor

    Brooklyn, OH 44144

         
      (c) Citizenship
    New York
         
      (d) Title of Class of Securities
    Common Stock
         
      (e) CUSIP Number
    573075108
         

    Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

      (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
           
      (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
           
      (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
           
      (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
           
      (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
           
      (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
           
      (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
           
      (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
           
      (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
           
      (j) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(J).
           

    Item 4.  Ownership.

     
     

    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

             
      (a)   Amount beneficially owned:  4,665,776
             
      (b)   Percent of class:  5.75%
             
      (c)   Number of shares as to which the person has:
             
          (i)

    Sole power to vote or to direct the vote:  4,633,402

             
          (ii) Shared power to vote or to direct the vote:  0
             
          (iii) Sole power to dispose or to direct the disposition of:  4,665,776
             
          (iv)

    Shared power to dispose or to direct the disposition of:  0

    Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

             

    Item 5.  Ownership of Five Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ¨

    Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

    The clients of Victory Capital Management Inc., including investment companies registered under the Investment Company Act of 1940 and separately managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the class of securities reported herein. No client has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5% of such class.

     

    Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

     Not applicable

    Item 8.  Identification and Classification of Members of the Group.

     Not applicable.

    Item 9.  Notice of Dissolution of Group.

     Not applicable.

    Item 10.  Certification.

           
      (a)   The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
             
          By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.  
             
             
     
     

     

             
    CUSIP No. 573075108   13G   Page 4 of 4 Pages
             

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    1/31/2023

    Date

     

    /s/ Barry Garrett

    Signature

     

    Barry Garrett/ Chief Compliance Officer

    Name/Title

     

     

    Get the next $MRTN alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $MRTN

    DatePrice TargetRatingAnalyst
    10/14/2024Outperform → Mkt Perform
    Raymond James
    7/9/2024$22.00 → $19.00Buy → Hold
    Vertical Research
    5/15/2024$20.00Outperform
    Raymond James
    1/10/2024$25.00Hold → Buy
    Vertical Research
    8/17/2022$24.00 → $25.00Buy → Hold
    Vertical Research
    1/26/2022$20.00 → $21.00Overweight
    Stephens & Co.
    9/10/2021Market Perform
    Raymond James
    8/9/2021Overweight → Sector Weight
    Keybanc
    More analyst ratings

    $MRTN
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    MARTEN TRANSPORT ANNOUNCES CEO RETIREMENT AND LEADERSHIP TRANSITION

    MONDOVI, Wis., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that Timothy Kohl, the Company's Chief Executive Officer, has decided to retire from his role as Chief Executive Officer effective September 30, 2025. Randolph Marten, the Company's Executive Chairman of the Board of Directors and previous Chief Executive Officer, has been named Chairman of the Board of Directors and Chief Executive Officer, effective October 1, 2025. "We are very thankful to Tim for his tenure as CEO and previously as President with the Company since joining us in 2007. He championed the Company's transformation to a multifaceted business that led to a period of unpre

    8/19/25 4:01:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

    MONDOVI, Wis., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on September 30, 2025 to stockholders of record at the close of business on September 16, 2025. This is Marten's 61st consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $266.3 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010. Marten Transport, with headquarters in Mondovi, Wis., is a m

    8/12/25 5:20:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Hub Group to Expand its Temperature-Controlled Intermodal Service Offering through the Acquisition of Marten Transport Intermodal

    Transaction Highlights Acquisition includes approximately 1,200 refrigerated containers and makes Hub Group the second largest provider of temperature-controlled intermodal solutions in North AmericaOperational synergies through additional scale and network densityCross-sell opportunities with additional refrigerated customers across business linesImmediately accretive to Hub Group's fourth quarter 2025 EPS and accretive to 2026 EPSAccretive to Hub Group's long-term returns on invested capitalMarten Intermodal generated $51.5M of revenue over the trailing twelve months ended June 30, 2025 OAK BROOK, Ill., July 22, 2025 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced today tha

    7/22/25 9:15:32 AM ET
    $HUBG
    $MRTN
    Integrated Freight & Logistics
    Industrials
    Trucking Freight/Courier Services

    $MRTN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Executive Chairman of Board Marten Randolph L gifted 1,500 shares, decreasing direct ownership by 0.01% to 17,736,457 units (SEC Form 4)

    4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)

    8/19/25 5:08:38 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Chief Executive Officer Kohl Timothy M was granted 12,408 shares, increasing direct ownership by 4% to 291,019 units (SEC Form 4)

    4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)

    5/8/25 5:12:58 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    EVP & Chief Operating Officer Phillips Adam Daniel was granted 5,122 shares, increasing direct ownership by 77% to 11,754 units (SEC Form 4)

    4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)

    5/8/25 5:07:08 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    $MRTN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Marten Transport downgraded by Raymond James

    Raymond James downgraded Marten Transport from Outperform to Mkt Perform

    10/14/24 7:37:30 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Marten Transport downgraded by Vertical Research with a new price target

    Vertical Research downgraded Marten Transport from Buy to Hold and set a new price target of $19.00 from $22.00 previously

    7/9/24 8:02:09 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Raymond James resumed coverage on Marten Transport with a new price target

    Raymond James resumed coverage of Marten Transport with a rating of Outperform and set a new price target of $20.00

    5/15/24 8:22:28 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    $MRTN
    SEC Filings

    View All

    Marten Transport Ltd. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - MARTEN TRANSPORT LTD (0000799167) (Filer)

    8/19/25 4:02:11 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Amendment: SEC Form SCHEDULE 13G/A filed by Marten Transport Ltd.

    SCHEDULE 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)

    8/8/25 1:05:18 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    SEC Form 10-Q filed by Marten Transport Ltd.

    10-Q - MARTEN TRANSPORT LTD (0000799167) (Filer)

    8/8/25 6:31:53 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    $MRTN
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Bauer Jerry M bought $257,660 worth of shares (20,000 units at $12.88), increasing direct ownership by 13% to 176,444 units (SEC Form 4)

    4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)

    4/29/25 4:46:51 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Director Bauer Jerry M bought $158,051 worth of shares (10,000 units at $15.81), increasing direct ownership by 7% to 156,444 units (SEC Form 4)

    4 - MARTEN TRANSPORT LTD (0000799167) (Issuer)

    10/31/24 4:13:28 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    $MRTN
    Leadership Updates

    Live Leadership Updates

    View All

    MARTEN TRANSPORT ANNOUNCES CEO RETIREMENT AND LEADERSHIP TRANSITION

    MONDOVI, Wis., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that Timothy Kohl, the Company's Chief Executive Officer, has decided to retire from his role as Chief Executive Officer effective September 30, 2025. Randolph Marten, the Company's Executive Chairman of the Board of Directors and previous Chief Executive Officer, has been named Chairman of the Board of Directors and Chief Executive Officer, effective October 1, 2025. "We are very thankful to Tim for his tenure as CEO and previously as President with the Company since joining us in 2007. He championed the Company's transformation to a multifaceted business that led to a period of unpre

    8/19/25 4:01:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    MARTEN TRANSPORT APPOINTS ADAM PHILLIPS AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER

    MONDOVI, Wis., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ:MRTN) announced that its Board of Directors has appointed Adam D. Phillips to an executive officer as its Executive Vice President and Chief Operating Officer, effective December 13, 2023. "I'm extremely pleased to announce the appointment of Adam Phillips as our Executive Vice President and Chief Operating Officer. Adam's appointment is a continuation of our plan to develop and transition to our next generation of leadership," said Randy Marten, Executive Chairman of the Board of Directors. "Adam will continue to be an integral member of our leadership team involved in our strategic business vision and day-

    12/13/23 4:02:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    MARTEN TRANSPORT APPOINTS RANDALL BAIER AS EXECUTIVE VICE PRESIDENT AND CHIEF TECHNOLOGY OFFICER

    MONDOVI, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (NASDAQ:MRTN) announced that its Board of Directors has appointed Randall J. Baier as its Executive Vice President and Chief Technology Officer, effective August 15, 2023. "I'm extremely pleased to announce the appointment of Randy Baier as our Executive Vice President and Chief Technology Officer," said Randy Marten, Executive Chairman of the Board of Directors. "Randy will continue to be a key member of our leadership team involved in our strategic business vision and day-to-day operations. Randy's exemplary professional and managerial skills combined with decades of experience are integral to the management of ou

    8/15/23 4:02:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    $MRTN
    Financials

    Live finance-specific insights

    View All

    MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

    MONDOVI, Wis., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on September 30, 2025 to stockholders of record at the close of business on September 16, 2025. This is Marten's 61st consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $266.3 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010. Marten Transport, with headquarters in Mondovi, Wis., is a m

    8/12/25 5:20:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    Marten Transport Announces Second Quarter Results

    MONDOVI, Wis., July 16, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $7.2 million, or 9 cents per diluted share, for the second quarter ended June 30, 2025, compared with $7.9 million, or 10 cents per diluted share, for the second quarter of 2024. For the six-month period ended June 30, 2025, net income was $11.5 million, or 14 cents per diluted share, compared with $17.5 million, or 22 cents per diluted share, for the 2024 six-month period. Operating revenue was $229.9 million for the second quarter of 2025 compared with $246.2 million for the second quarter of 2024. Excluding fuel surcharges, operating revenue was

    7/16/25 8:45:49 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

    MONDOVI, Wis., May 06, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on June 27, 2025 to stockholders of record at the close of business on June 13, 2025. This is Marten's 60th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $261.4 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010. Marten Transport, with headquarters in Mondovi, Wis., is a multifacete

    5/6/25 4:02:00 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    $MRTN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Marten Transport Ltd. (Amendment)

    SC 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)

    2/13/24 5:09:45 PM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    SEC Form SC 13G/A filed by Marten Transport Ltd. (Amendment)

    SC 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)

    2/9/24 9:59:14 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials

    SEC Form SC 13G/A filed by Marten Transport Ltd. (Amendment)

    SC 13G/A - MARTEN TRANSPORT LTD (0000799167) (Subject)

    2/6/24 10:54:17 AM ET
    $MRTN
    Trucking Freight/Courier Services
    Industrials