Form 4: Marcus Corp Director Bruce J. Olson Reports Acquisition and Disposal of Common Stock
SEC Form 4
Director Bruce J. Olson reports acquiring and disposing of Marcus Corp common stock, along with holding various stock options.
Summary
- Bruce J. Olson, a director of Marcus Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 23, 2024, Olson acquired 2,154 shares of common stock at $11.60 per share.
- On the same day, Olson disposed of 18,453 shares of common stock.
- Following these transactions, Olson directly owns 5,282 shares as trustee of the Bruce J. Olson & Barbara A. Olson Revocable Trust and 1,350 shares as trustee of the Bruce Olson Family Trust.
- Olson also holds various stock options to purchase common stock at prices ranging from $14.25 to $38.51, with expiration dates extending to December 2033.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The reported transactions may influence investor sentiment regarding Marcus Corp's stock.
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. |
| 12/31/2015 | Date exercisable for stock options with an exercise price of $18.97, expiring on 12/31/2025. |
| 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 reported transaction: acquisition of 2,154 shares at $11.60 and disposal of 18,453 shares. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
| 05/29/2024 | Expiration date for stock options with an exercise price of $16.84. |
| 05/28/2025 | Expiration date for stock options with an exercise price of $19.65. |
| 12/31/2025 | Expiration date for stock options with an exercise price of $18.97. |
| 12/29/2026 | Expiration date for stock options with an exercise price of $31.55. |
| 12/28/2027 | Expiration date for stock options with an exercise price of $27.2. |
| 12/27/2028 | Expiration date for stock options with an exercise price of $38.51. |
| 12/26/2029 | Expiration date for stock options with an exercise price of $32.6. |
| 12/30/2031 | Expiration date for stock options with an exercise price of $17.95. |
| 12/29/2032 | Expiration date for stock options with an exercise price of $14.25. |
| 12/28/2033 | Expiration date for stock options with an exercise price of $14.69. |
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