Form 4: Marcus & Millichap EVP & COO John David Parker Reports Stock Transactions
SEC Form 4 Filing
EVP & COO of Marcus & Millichap, John David Parker, reports the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- On May 10, 2025, John David Parker, EVP & COO of Marcus & Millichap, reported transactions involving the company's common stock.
- 2,000 restricted stock units vested and were converted into common stock.
- 1,021 shares were withheld by the issuer to cover the withholding tax liability at a price of $29.81 per share.
- Following these transactions, Parker directly owns 27,658 shares of common stock and 2,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/10/2022 | First vesting date of restricted stock units in five equal annual installments. |
| 05/09/2025 | Closing sale price used to calculate shares withheld for tax liability. |
| 05/10/2025 | Date of transaction: vesting of restricted stock units and share withholding for taxes. |
| 05/12/2025 | Date of report signature. |
Keywords
Form 4, Marcus & Millichap, John David Parker, Stock Transaction, Restricted Stock Units, MMI, EVP & COO
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.