Form 4: Marcus Corp Director Brian Jay Stark Acquires Shares
SEC Form 4
Director Brian Jay Stark acquired 2,154 shares of Marcus Corp common stock at $11.60 per share on May 23, 2024.
Summary
- On May 23, 2024, Brian Jay Stark, a director of Marcus Corp, acquired 2,154 shares of common stock at a price of $11.60 per share.
- Following this transaction, Stark directly owns 37,147 shares of Marcus Corp.
- Stark also holds multiple stock options to purchase common stock at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares at market price is generally a good sign, but the quantity is not significant enough to drastically alter sentiment.
Positives
- The director's purchase of shares could be seen as a positive signal about their confidence in the company's future prospects.
Industry Context
Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. A director purchasing shares can be interpreted as a positive signal.
Stakeholder Impact
- The purchase of shares by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/29/2014 | Date exercisable for stock options with an exercise price of $16.84, expiring on 05/29/2024. |
| 05/28/2015 | Date exercisable for stock options with an exercise price of $19.65, expiring on 05/28/2025. |
| 05/31/2015 | Date exercisable for stock options with an exercise price of $18.97, expiring on 05/31/2025. |
| 12/29/2016 | Date exercisable for stock options with an exercise price of $31.55, expiring on 12/29/2026. |
| 12/28/2017 | Date exercisable for stock options with an exercise price of $27.2, expiring on 12/28/2027. |
| 12/27/2018 | Date exercisable for stock options with an exercise price of $38.51, expiring on 12/27/2028. |
| 12/26/2019 | Date exercisable for stock options with an exercise price of $32.6, expiring on 12/26/2029. |
| 12/30/2021 | Date exercisable for stock options with an exercise price of $17.95, expiring on 12/30/2031. |
| 12/29/2022 | Date exercisable for stock options with an exercise price of $14.25, expiring on 12/29/2032. |
| 12/28/2023 | Date exercisable for stock options with an exercise price of $14.69, expiring on 12/28/2033. |
| 05/23/2024 | Date of the transaction where Brian Jay Stark acquired 2,154 shares of common stock at $11.60 per share. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
| 05/29/2024 | Expiration date for stock options with an exercise price of $16.84. |
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