Form 4: Marcus & Millichap CEO Hessam Nadji Reports Gift of Common Stock
SEC Form 4 Filing
CEO Hessam Nadji reported a gift of 1,136 shares of Marcus & Millichap, Inc. common stock on June 4, 2024.
Summary
- On June 4, 2024, Hessam Nadji, the CEO of Marcus & Millichap, Inc., reported a transaction involving the company's common stock.
- The transaction involved a gift of 1,136 shares of common stock.
- Following the transaction, Nadji directly owns 239,703 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 practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the CEO's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of the gift transaction of common stock. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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