Form 4: Marcus & Millichap CEO Hessam Nadji Reports Stock Disposal

Marcus & Millichap's CEO, Hessam Nadji, reported the disposal of 1,000 shares of common stock on November 26, 2024.

Summary

• Hessam Nadji, the Chief Executive Officer of Marcus & Millichap, Inc., filed a Form 4 with the SEC.
• The filing indicates that Mr. Nadji disposed of 1,000 shares of common stock on November 26, 2024.
• The disposal was a non-sale transaction, with a price of $0 per share.
• Following the transaction, Mr. Nadji beneficially owns 221,430 shares of Marcus & Millichap common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company executive, and is a normal part of corporate governance and transparency.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• Executives are required to disclose changes in their beneficial ownership of company stock.
• The transaction is not unusual and is similar to filings made by executives at other publicly traded companies such as CBRE Group and Jones Lang LaSalle.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the CEO's stock transactions.
• The transaction is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Form 4, SEC Filing, Hessam Nadji, Marcus & Millichap, Stock Disposal, Beneficial Ownership, Executive Transaction