Form 4: Marcus & Millichap CEO Hessam Nadji Reports Gift of Common Stock
SEC Form 4 Filing
CEO Hessam Nadji reported a gift of 580 shares of Marcus & Millichap, Inc. common stock on June 14, 2024.
Summary
- On June 14, 2024, Hessam Nadji, CEO of Marcus & Millichap, Inc., reported a transaction involving the company's common stock.
- The transaction involved a gift of 580 shares.
- Following the transaction, Nadji directly owns 239,123 shares of Marcus & Millichap, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in the beneficial ownership of securities by company insiders.
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 |
|---|---|
| 06/14/2024 | Date of transaction (gift of common stock) |
| 06/17/2024 | Date of signature on the Form 4 filing |
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