Form 4: Marcus Corp CEO Gregory Marcus Reports Stock Transactions
SEC Form 4
Gregory Marcus, CEO of Marcus Corporation, reports the withholding of shares to cover tax obligations and provides an update on his holdings, including stock options and shares held in trusts and retirement plans.
Summary
- Gregory S. Marcus, the President and CEO of Marcus Corporation, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On February 25, 2025, 6,793 shares of common stock were withheld to cover tax obligations related to the vesting of restricted stock at a price of $20.81 per share.
- Following the transaction, Marcus directly owns 521,246 shares of common stock.
- He also indirectly owns 75 shares as custodian, 7,384 shares through a 401(k) plan, 13,431 shares as trustee, 10,786 shares as custodian for other accounts, and 18,233 shares by spouse.
- Marcus holds various stock options with exercise prices ranging from $12.71 to $41.9, expiring between 2024 and 2033.
- He directly owns 192,737 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions.
Stakeholder Impact
- Shareholders are informed about the CEO's stock transactions, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Expiration date for stock options granted on 7/29/14 |
| 02/25/2025 | Date of stock transaction (shares withheld for taxes) |
| 02/27/2025 | Date of signature on the Form 4 filing |
| 07/28/2025 | Expiration date for stock options granted on 7/28/15 |
| 03/01/2026 | Expiration date for stock options granted on 3/1/16 |
| 02/28/2027 | Expiration date for stock options granted on 2/28/17 |
| 02/27/2028 | Expiration date for stock options granted on 2/27/18 |
| 02/26/2029 | Expiration date for stock options granted on 2/26/19 |
| 02/25/2030 | Expiration date for stock options granted on 2/25/20 |
| 05/08/2030 | Expiration date for stock options granted on 5/8/20 |
| 03/09/2031 | Expiration date for stock options granted on 3/9/21 |
| 03/08/2032 | Expiration date for stock options granted on 3/8/22 |
| 03/07/2033 | Expiration date for stock options granted on 3/7/23 |
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