Form 4: Marcus & Millichap CEO Hessam Nadji Reports Stock Transfers
Statement of Changes in Beneficial Ownership
CEO Hessam Nadji reported a series of stock gifts and a subsequent sale of shares held by his son.
Summary
- Hessam Nadji, CEO of Marcus & Millichap, Inc., executed a series of transactions involving common stock.
- On June 10, 2026, Nadji gifted 4,500 shares of common stock, reducing his direct holdings to 300,927 shares.
- On the same day, 500 shares were gifted to his adult son residing in his household.
- On June 11, 2026, 500 shares held by his son were sold at a price of $30.385 per share.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transactions are personal in nature and do not reflect changes in the company's fundamental business health.
Positives
- The transactions represent routine estate planning or personal financial management rather than a lack of confidence in the company.
Negatives
- The sale of 500 shares by the reporting person's household member represents a minor reduction in total family-related beneficial ownership.
Risks
- None identified; these are standard personal transactions by an executive.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock gifts and small-scale sales are common occurrences in the real estate services sector and generally do not signal shifts in corporate strategy or operational performance.
Comparison to Industry Standards
- The transaction volume is negligible relative to the total market capitalization of Marcus & Millichap.
- The reporting of gifts and household-related sales is consistent with standard SEC compliance practices for public company executives.
Related Party Transactions
- Transactions involved the reporting person's adult son residing in the same household.
Stakeholder Impact
- Minimal impact on shareholders as the transactions represent a very small portion of the CEO's total holdings.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of stock gifts and initial transaction. |
| 06/11/2026 | Date of sale of shares by reporting person's son. |
| 06/12/2026 | Date of filing. |
Keywords
Marcus & Millichap, MMI, Hessam Nadji, Insider Trading, Form 4, Stock Gift, Executive Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.