Form 4: Marcus Corp CFO Chad M. Paris Reports Stock Transaction
SEC Form 4 Filing
Chad M. Paris, CFO of Marcus Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 1, 2025, Chad M. Paris, the Chief Financial Officer of Marcus Corp, had 1,619 shares of common stock withheld to cover tax obligations.
- This transaction occurred at a price of $18.34 per share.
- Following the transaction, Paris directly owns 50,667 shares of Marcus Corp common stock.
- Paris also holds stock options to purchase 10,000 shares (granted 10/18/21), 23,000 shares (granted 3/8/22), and 29,900 shares (granted 3/7/23) of common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 10/18/2021 | Grant date of stock options for 10,000 shares. |
| 03/08/2022 | Grant date of stock options for 23,000 shares. |
| 03/07/2023 | Grant date of stock options for 29,900 shares. |
| 03/01/2023 | Grant date of restricted stock. |
| 03/01/2025 | Date of stock transaction (shares withheld for taxes). |
| 03/04/2025 | Date of Form 4 filing. |
| 10/18/2031 | Expiration date of stock options granted 10/18/21. |
| 03/08/2032 | Expiration date of stock options granted 3/8/22. |
| 03/07/2033 | Expiration date of stock options granted 3/7/23. |
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