Form 4: Diane Gershowitz Reports Acquisition of Marcus Corp Shares and Holdings

Sentiment:

SEC Form 4 9 May 2025 5:08 PM

Diane Gershowitz, a director and 10% owner of Marcus Corp, reports acquiring additional common stock and holding various derivative securities and Class B common stock through direct and indirect ownership.

Summary

Diane Gershowitz, a director and 10% owner of Marcus Corp [MCS], filed a Form 4 detailing changes in beneficial ownership.
On May 7, 2025, she acquired 1,538 shares of common stock at a price of $16.25 per share.
Following this transaction, she directly owns 36,199 shares of common stock.
She also indirectly owns 175,617.223 shares of common stock through DG-LDJ Holdings, LLC.
Gershowitz holds various stock options with exercise prices ranging from $14.25 to $38.51 and expiration dates between 2025 and 2033.
She also indirectly owns 1,921,438 shares of Class B Common Stock through DG-LDJ Holdings, LLC.
Additionally, she holds 131,506 shares of Class B Common Stock as trustee and 50,845 shares through a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, but the filing itself is a routine regulatory requirement.

Positives

The acquisition of additional shares by a director and 10% owner could be interpreted as a positive signal about the company's prospects.
Gershowitz's continued holding of stock options suggests confidence in the company's future performance.
The structure of Class B Common Stock provides significant voting power to Gershowitz through DG-LDJ Holdings, LLC.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.

Comparison to Industry Standards

Comparing Gershowitz's holdings and transactions to those of insiders at similar entertainment and hospitality companies (e.g., AMC Entertainment, Marriott International) could provide insights into relative valuation and management confidence.
Analyzing the timing and size of insider transactions relative to company performance and industry trends can reveal whether these actions align with or diverge from typical patterns.

Stakeholder Impact

The reported transactions may influence investor perception of Marcus Corp.
The filing provides transparency to shareholders regarding insider activity.

Key Dates

Date	Description
05/28/2015	Date of exercisable stock options.
12/29/2015	Date of exercisable stock options.
12/29/2016	Date of exercisable stock options.
12/28/2017	Date of exercisable stock options.
12/27/2018	Date of exercisable stock options.
12/26/2019	Date of exercisable stock options.
12/30/2021	Date of exercisable stock options.
12/29/2022	Date of exercisable stock options.
12/28/2023	Date of exercisable stock options.
05/07/2025	Date of common stock acquisition.
05/09/2025	Date of form signature.
05/28/2025	Expiration date of stock options.
12/29/2025	Expiration date of stock options.
12/29/2026	Expiration date of stock options.
12/28/2027	Expiration date of stock options.
12/27/2028	Expiration date of stock options.
12/26/2029	Expiration date of stock options.
12/30/2031	Expiration date of stock options.
12/29/2032	Expiration date of stock options.
12/28/2033	Expiration date of stock options.

Keywords

Marcus Corp, Gershowitz, Beneficial Ownership, Form 4, Stock Options, Class B Common Stock, DG-LDJ Holdings, Director, Share Acquisition

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