SCHEDULE 13G/A: Marcus Corp Insider Diane Gershowitz and Affiliated Entities Disclose Significant Stake

Diane M. Gershowitz and related entities, including DG-LDJ Holdings, L.L.C. and DG 2008 Trust, have disclosed a combined beneficial ownership of 7.39% of The Marcus Corporation's common stock as of March 31, 2025.

Summary

• Diane M. Gershowitz, along with DG-LDJ Holdings, L.L.C. and DG 2008 Trust, collectively reported beneficial ownership of 2,314,092 shares of The Marcus Corporation's Common Stock, representing 7.39% of the class.
• Ms. Gershowitz directly holds sole voting and dispositive power over 34,686 shares and shared voting and dispositive power over 2,279,406 shares.
• DG-LDJ Holdings, L.L.C. beneficially owns 2,097,055 shares, representing 6.7% of the class, with sole voting and dispositive power over these shares.
• The DG 2008 Trust beneficially owns 2,097,055 shares, also representing 6.7% of the class, with shared voting and dispositive power over these shares.
• The reported beneficial ownership includes both Common Stock and Class B Common Stock, with Class B shares being convertible into Common Stock on a share-for-share basis, and the percentages assume this conversion.
• Ms. Gershowitz, the DG 2008 Trust, and the HG Descendants Trust (established by Ms. Gershowitz's spouse) collectively hold 100% of the membership units of DG-LDJ Holdings, L.L.C.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's performance or prospects.

Risks

• Concentration of voting power: The significant beneficial ownership by Ms. Gershowitz and affiliated entities (7.39%) could imply a concentration of voting power, potentially influencing corporate decisions.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• The filing details beneficial ownership through entities where Ms. Gershowitz and trusts established by her or her spouse hold 100% of the membership units (DG-LDJ Holdings, L.L.C.), indicating a family-controlled ownership structure.

Stakeholder Impact

• Shareholders: The significant beneficial ownership by Ms. Gershowitz and related entities (7.39%) indicates a concentrated voting block, which could influence corporate governance and strategic decisions.

Key Dates

Keywords

Marcus Corp, Common Stock, Class B Common Stock, Schedule 13G, Beneficial Ownership, Diane M. Gershowitz, DG-LDJ Holdings, DG 2008 Trust, SEC Filing, Institutional Ownership, Shareholder Disclosure