Form 4: Marcus & Millichap Chief Accounting Officer Receives Restricted Stock Units
SEC Form 4 Filing
Kurt Henry Schwarz, Chief Accounting Officer of Marcus & Millichap, Inc., reports the acquisition of restricted stock units.
Summary
- Kurt Henry Schwarz, the Chief Accounting Officer of Marcus & Millichap, Inc., filed a Form 4 on February 10, 2025.
- The report details the acquisition of 421 restricted stock units on February 6, 2025.
- These restricted stock units represent a contingent right to receive one share of Marcus & Millichap's common stock each.
- The restricted stock units vest in five equal annual installments starting March 10, 2026.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock unit grants, with no inherent positive or negative sentiment.
Positives
- The acquisition of restricted stock units aligns the executive's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The granting of restricted stock units can incentivize management to improve company performance, potentially benefiting shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transaction: Acquisition of restricted stock units. |
| 02/10/2025 | Date of Form 4 filing. |
| 03/10/2026 | First vesting date for the restricted stock units. |
Keywords
restricted stock units, Form 4, Marcus & Millichap, Schwarz, Chief Accounting Officer, equity, vesting
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