Form 4: Stephen H. Marcus Reports Changes in Beneficial Ownership of Marcus Corp Stock

Stephen H. Marcus, a director of Marcus Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock, including conversions and transfers of Class B Common Stock.

Summary

• On June 7, 2024, Stephen H. Marcus, a director of Marcus Corp, filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of Marcus Corp securities.
• The reported transactions include the conversion of Class B Common Stock into Common Stock.
• Shares previously held by Matinee Fifteen Holdings, LLC and Matinee Fifteen Holdings 2, LLC were transferred in a transaction exempt from Section 16 reporting pursuant to Rule 16a-13.
• Marcus disclaims beneficial ownership of shares held by Matinee Fifteen Holdings, LLC and Matinee Fifteen Holdings 2 LLC except to the extent of his pecuniary interest.
• Marcus indirectly owns 21,895 shares of Common Stock through LLCs.
• He also indirectly owns 6,003 shares as Trustee of the I. Lowe Fam. Tr.
• Following the reported transactions, Marcus indirectly owns 54,827 derivative securities through the S Marcus 1990 Rev Tr.
• He also indirectly owns 1,225 derivative securities as Trustee.
• Marcus indirectly owns 4,249,350 derivative securities through LLCs.
• He also indirectly owns 50,845 derivative securities through a Trust.

Sentiment

Score: 5

Explanation: This is a neutral filing of insider transactions, neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates