Form 4: Marcus Corp Director Timothy Hoeksema Acquires Shares and Holds Options
SEC Form 4 Filing
Director Timothy Hoeksema reports acquiring 1,538 shares of Marcus Corp at $16.25 and holding multiple stock options.
Summary
- On May 7, 2025, Timothy Hoeksema, a director of Marcus Corp, acquired 1,538 shares of common stock at a price of $16.25 per share.
- Following this transaction, Hoeksema directly owns 44,991 shares of Marcus Corp common stock.
- Hoeksema also indirectly owns 15,002 shares through the Timothy and Janis Hoeksema Revocable Trust U/A Dated 01/04/2010.
- The report also details Hoeksema's holdings of various stock options granted under The Marcus Corporation 2004 Equity and Incentive Awards Plan, with exercise prices ranging from $14.25 to $38.51 and expiration dates extending to 2033.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard Form 4 filing indicating insider activity. The purchase of shares is mildly positive, suggesting confidence, but it's not overwhelmingly significant.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's view of the company's prospects.
Comparison to Industry Standards
- Comparing Marcus Corp to similar companies in the entertainment and hospitality sectors, insider ownership is a common metric analyzed by investors.
- Companies like Hilton Worldwide Holdings and Marriott International are often compared in terms of executive compensation and stock ownership.
Stakeholder Impact
- The director's stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/04/2010 | Date of the Timothy and Janis Hoeksema Revocable Trust U/A |
| 05/28/2015 | Earliest stock option grant date |
| 12/31/2015 | Stock option grant date |
| 12/29/2016 | Stock option grant date |
| 12/28/2017 | Stock option grant date |
| 12/27/2018 | Stock option grant date |
| 12/26/2019 | Stock option grant date |
| 12/30/2021 | Stock option grant date |
| 12/29/2022 | Stock option grant date |
| 12/28/2023 | Stock option grant date |
| 05/07/2025 | Date of common stock acquisition |
| 05/09/2025 | Date of Form 4 filing |
| 05/28/2025 | Expiration date of earliest stock option |
| 12/31/2025 | Expiration date of stock option |
| 12/29/2026 | Expiration date of stock option |
| 12/28/2027 | Expiration date of stock option |
| 12/27/2028 | Expiration date of stock option |
| 12/26/2029 | Expiration date of stock option |
| 12/30/2031 | Expiration date of stock option |
| 12/29/2032 | Expiration date of stock option |
| 12/28/2033 | Expiration date of stock option |
Keywords
Marcus Corp, Director, Hoeksema, Stock Options, Share Acquisition, Beneficial Ownership, Form 4
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