Form 4: Marcus Corp. Officer's Tax-Related Stock Transaction
Insider Transaction Report
Mark A. Gramz, President of Marcus Theatres, reported a tax-related disposition of 2,899 shares of The Marcus Corporation common stock.
Summary
- Mark A. Gramz, President of Marcus Theatres, an officer of The Marcus Corporation (MCS), reported a transaction on February 22, 2026.
- The transaction involved the disposition of 2,899 shares of Common Stock.
- These shares were withheld from the vesting of restricted stock to cover tax obligations.
- Following this transaction, Mark A. Gramz beneficially owns 49,262 shares of Common Stock directly.
- The filing also details various stock options held by Mr. Gramz, with exercise prices ranging from $12.71 to $41.9 and expiration dates between February 28, 2027, and March 7, 2033.
- Stock options have vesting schedules, typically 40-50% after 2nd anniversary, 60-75% after 3rd anniversary, 80-100% after 4th anniversary, and 100% after 5 years for some grants.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related transaction for executive compensation rather than a discretionary sale or purchase that would signal a change in insider sentiment or company fundamentals.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
The filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on an insider's stock transaction.
Industry Context
StockSavvy.ai notes that this Form 4 filing represents a routine executive compensation event, specifically the withholding of shares to cover tax liabilities upon the vesting of restricted stock. This is a common practice across industries and does not typically indicate a shift in broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine, non-discretionary transaction related to executive compensation and not a sale reflecting a change in investment conviction.
- Employees: No direct impact mentioned.
Next Steps
- The remaining stock options held by Mark A. Gramz will continue to vest according to their respective schedules, with various expiration dates extending up to March 7, 2033.
Key Dates
| Date | Description |
|---|---|
| 02/22/2026 | Date of transaction where shares were withheld for tax purposes from restricted stock vesting. |
| 02/24/2026 | Date the Form 4 was signed by the attorney-in-fact for Mark A. Gramz. |
| 02/28/2027 | Expiration date for a stock option with an exercise price of $31.2. |
| 02/27/2028 | Expiration date for a stock option with an exercise price of $27. |
| 02/26/2029 | Expiration date for a stock option with an exercise price of $41.9. |
| 02/25/2030 | Expiration date for a stock option with an exercise price of $28.88. |
| 05/08/2030 | Expiration date for a stock option with an exercise price of $12.71. |
| 03/09/2031 | Expiration date for a stock option with an exercise price of $21.84. |
| 03/08/2032 | Expiration date for a stock option with an exercise price of $17.04. |
| 03/07/2033 | Expiration date for a stock option with an exercise price of $15.99. |
Recommendation
holdThis Form 4 reports a routine, non-discretionary transaction where shares were withheld to cover tax obligations from restricted stock vesting. It does not reflect a change in the reporting person's investment conviction or the company's operational performance, thus providing no basis for a change in investment recommendation. Investors should 'hold' and look to other filings for fundamental company insights.
Keywords
Marcus Corporation, MCS, Form 4, Insider Transaction, Stock Options, Restricted Stock, Executive Compensation, Mark A. Gramz
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