Form 4: Marcus & Millichap Chief Administrative Officer Gregory A. LaBerge Reports Stock Sale
SEC Form 4 Filing
Gregory A. LaBerge, Chief Administrative Officer of Marcus & Millichap, sold 4,184 shares of common stock at $33.52 per share on March 13, 2024.
Summary
- On March 13, 2024, Gregory A. LaBerge, the Chief Administrative Officer of Marcus & Millichap, sold 4,184 shares of the company's common stock.
- The sale price was $33.52 per share.
- Following the transaction, LaBerge directly owns 5,579 shares and indirectly owns 828 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives regarding their holdings in the company's stock. It is important to note that insider sales do not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of stock sale transaction |
| 03/14/2024 | Date of signature on the Form 4 filing |
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