Form 4: Diane Gershowitz Reports Changes in Beneficial Ownership of Marcus Corp Stock
SEC Form 4
Diane Gershowitz, a director and 10% owner of Marcus Corporation, reports changes in her beneficial ownership of common stock and Class B common stock due to an exchange and a gift.
Summary
- On March 3, 2025, Diane Gershowitz, a director and 10% owner of Marcus Corporation, filed a Form 4 to report changes in her beneficial ownership of the company's stock.
- She exchanged 21,758 shares of Class B Common Stock for Common Stock.
- She also gifted 27,136 shares of Common Stock.
- Following these transactions, Gershowitz directly owns 34,661 shares of Common Stock and indirectly owns 175,617.223 shares through DG-LDJ Holdings, LLC.
- She also directly owns various stock options and Class B Common Stock, and indirectly owns Class B Common Stock through a trust and as a trustee.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership structure.
- The exchange of Class B shares for common shares could slightly dilute the voting power of Class B shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/28/2015 | Date of stock option grant with an exercise price of $19.65 and an expiration date of 05/28/2025. |
| 12/29/2015 | Date of stock option grant with an exercise price of $18.97 and an expiration date of 12/29/2025. |
| 12/29/2016 | Date of stock option grant with an exercise price of $31.55 and an expiration date of 12/29/2026. |
| 12/28/2017 | Date of stock option grant with an exercise price of $27.2 and an expiration date of 12/28/2027. |
| 12/27/2018 | Date of stock option grant with an exercise price of $38.51 and an expiration date of 12/27/2028. |
| 12/26/2019 | Date of stock option grant with an exercise price of $32.6 and an expiration date of 12/26/2029. |
| 12/30/2021 | Date of stock option grant with an exercise price of $17.95 and an expiration date of 12/30/2031. |
| 12/29/2022 | Date of stock option grant with an exercise price of $14.25 and an expiration date of 12/29/2032. |
| 12/28/2023 | Date of stock option grant with an exercise price of $14.69 and an expiration date of 12/28/2033. |
| 03/03/2025 | Date of the exchange of Class B Common Stock for Common Stock and the gift of Common Stock. |
| 03/05/2025 | Date of the report. |
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