Form 4: Marcus Corp Director Gershowitz Reports Stock Transactions
SEC Form 4
Director Diane M. Gershowitz reports changes in beneficial ownership of Marcus Corporation stock, including conversions, disposals, and holdings through various entities.
Summary
- On March 5, 2024, Diane M. Gershowitz, a director of Marcus Corporation, reported transactions involving the company's common stock and Class B common stock.
- These transactions included the conversion of 31,770 shares of Class B common stock into common stock, the disposal of 33,328 shares of common stock, and holdings through DG-LDJ Holdings, LLC.
- Gershowitz also reported holdings of stock options with various exercise prices and expiration dates, as well as holdings of Class B common stock through trusts.
- Following the reported transactions, Gershowitz directly owns 34,929 shares of common stock and indirectly owns 200,617.223 shares through DG-LDJ Holdings, LLC.
- She also indirectly owns 1,943,196 shares of common stock through DG-LDJ Holdings, LLC related to Class B Common Stock, and holds Class B Common Stock through trusts.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/29/2014 | Date of stock option grant with an exercise price of $16.84 and an expiration date of 05/29/2024 |
| 05/28/2015 | Date of stock option grant with an exercise price of $19.65 and an expiration date of 05/28/2025 |
| 12/29/2015 | Date of stock option grant with an exercise price of $18.97 and an expiration date of 12/29/2025 |
| 12/29/2016 | Date of stock option grant with an exercise price of $31.55 and an expiration date of 12/29/2026 |
| 12/28/2017 | Date of stock option grant with an exercise price of $27.2 and an expiration date of 12/28/2027 |
| 12/27/2018 | Date of stock option grant with an exercise price of $38.51 and an expiration date of 12/27/2028 |
| 12/26/2019 | Date of stock option grant with an exercise price of $32.6 and an expiration date of 12/26/2029 |
| 12/30/2021 | Date of stock option grant with an exercise price of $17.95 and an expiration date of 12/30/2031 |
| 12/29/2022 | Date of stock option grant with an exercise price of $14.25 and an expiration date of 12/29/2032 |
| 12/28/2023 | Date of stock option grant with an exercise price of $14.69 and an expiration date of 12/28/2033 |
| 03/05/2024 | Date of the reported transactions, including conversion and disposal of shares. |
| 03/07/2024 | Date of signature of the report. |
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