Form 4: Marcus & Millichap Director Nicholas F. McClanahan Reports Stock Transactions
SEC Form 4
Director Nicholas F. McClanahan reports acquiring and disposing of Marcus & Millichap, Inc. stock.
Summary
- On May 1, 2025, Nicholas F. McClanahan, a director of Marcus & Millichap, Inc., reported acquiring 2,471 shares of common stock at a price of $30.35 per share.
- On the same day, McClanahan disposed of an unspecified amount of common stock.
- Following these transactions, McClanahan directly owns 4,774 shares of common stock.
- McClanahan also indirectly owns 28,767 shares through The Nicholas F. McClanahan Trust U/A 8/12/2015, where he serves as trustee.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which can be perceived as a signal of management's confidence (or lack thereof) in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 08/12/2015 | Date of The Nicholas F. McClanahan Trust U/A |
| 05/01/2025 | Date of stock acquisition and disposition |
| 05/05/2025 | Date of report signature |
Keywords
Form 4, Marcus & Millichap, Director, Stock transaction, Beneficial ownership, MMI, Nicholas F. McClanahan
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