Form 4: Marcus Corp Director Austin M. Ramirez Reports Stock Transactions
SEC Form 4 Filing
Director Austin M. Ramirez reports acquisition and disposal of Marcus Corp stock, along with stock option holdings.
Summary
- Austin M. Ramirez, a director of Marcus Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 23, 2024, Ramirez acquired 2,154 shares of Common Stock at $11.60 per share.
- On the same day, Ramirez disposed of 6,777 shares of Common Stock.
- Following these transactions, Ramirez directly owns 1,000 stock options exercisable at $16.00, expiring on March 3, 2033.
- Ramirez also directly owns 1,455 stock options exercisable at $14.69, expiring on December 28, 2033.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Date stock options were granted with an expiration date of 03/03/2033. |
| 12/28/2023 | Date stock options were granted with an expiration date of 12/28/2033. |
| 05/23/2024 | Date of the reported stock acquisition and disposal. |
| 05/28/2024 | Date of the Form 4 filing. |
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