Form 4: Marcus Corp Director Austin M. Ramirez Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Austin M. Ramirez reports acquiring 1,538 shares of Marcus Corp common stock at $16.25 per share on May 7, 2025.
Summary
- On May 7, 2025, Austin M. Ramirez, a director of Marcus Corp, acquired 1,538 shares of common stock at a price of $16.25 per share.
- This acquisition was granted by the issuer in consideration of service as a director.
- Following the transaction, Ramirez directly owns 11,271 shares.
- Ramirez also holds stock options to buy 1,000 common shares at $16, exercisable from March 3, 2023, and expiring on March 3, 2033.
- Additionally, Ramirez holds stock options to buy 1,455 common shares at $14.69, exercisable from December 28, 2023, and expiring on December 28, 2033.
- These stock options were granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan.
Sentiment
Score: 7
Explanation: Director's acquisition of shares is generally a positive signal, indicating confidence in the company's performance. However, the impact is moderate as it's a relatively small transaction.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Director share acquisitions are common and can be seen as a positive sign, reflecting confidence in the company's prospects within the entertainment and hospitality industry.
Comparison to Industry Standards
- Comparing director share acquisitions to peers like AMC Entertainment or Cinemark Holdings would require analyzing their respective SEC filings for similar Form 4 disclosures.
- Generally, such acquisitions are viewed positively if the company's performance is strong or expected to improve.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive sign.
- Employees may see it as a sign of stability and confidence in the company's leadership.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Date from which stock options to buy 1,000 common shares at $16 are exercisable. |
| 12/28/2023 | Date from which stock options to buy 1,455 common shares at $14.69 are exercisable. |
| 03/03/2033 | Expiration date for stock options to buy 1,000 common shares at $16. |
| 12/28/2033 | Expiration date for stock options to buy 1,455 common shares at $14.69. |
| 05/07/2025 | Date of transaction where Austin M. Ramirez acquired 1,538 shares of common stock. |
| 05/09/2025 | Date of signature on the Form 4 filing. |
Keywords
Marcus Corp, Director, Austin M. Ramirez, Common Stock, Stock Options, Beneficial Ownership, Acquisition
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