Form 4: Marcus & Millichap Executive Acquires Restricted Stock Units
SEC Form 4 Filing
Gregory A. LaBerge, Chief Administrative Officer of Marcus & Millichap, Inc., acquired 3,079 restricted stock units on February 6, 2025, which vest in four equal annual installments starting March 10, 2026.
Summary
- Gregory A. LaBerge, the Chief Administrative Officer of Marcus & Millichap, Inc., filed a Form 4 on February 10, 2025.
- On February 6, 2025, LaBerge acquired 3,079 restricted stock units.
- 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 four equal annual installments beginning on March 10, 2026.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a standard transaction of restricted stock units to a company executive.
Future Outlook
The restricted stock units will vest in four equal annual installments beginning March 10, 2026, indicating a long-term incentive for the executive.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.
Stakeholder Impact
- The acquisition of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transaction: Gregory A. LaBerge acquired 3,079 restricted stock units. |
| 02/10/2025 | Date of Form 4 filing. |
| 03/10/2026 | First vesting date for the restricted stock units, with vesting occurring in four equal annual installments. |
Keywords
Form 4, Marcus & Millichap, Restricted Stock Units, Beneficial Ownership, Gregory A. LaBerge, MMI
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