Form 4: Marcus & Millichap CEO Hessam Nadji Reports Gift of Common Stock
SEC Form 4 Filing
Hessam Nadji, CEO of Marcus & Millichap, reported a gift of 469 shares of common stock on September 18, 2024.
Summary
- On September 18, 2024, Hessam Nadji, the Chief Executive Officer of Marcus & Millichap, Inc. (MMI), reported a transaction involving the company's common stock.
- The transaction involved a gift of 469 shares of common stock.
- Following the transaction, Nadji directly owns 222,430 shares of Marcus & Millichap common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock gift, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider transactions, allowing investors to stay informed about the actions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small gift of shares by the CEO.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction (gift of common stock) |
| 09/19/2024 | Date of report signature |
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