Paris Chad M 4

What Happened
Chad M. Paris, Chief Financial Officer of Marcus Corporation (MCS), received a grant of 25,760 restricted shares on February 11, 2026. The shares were reported at $0.00 (grant price) in the Form 4, so the reported transaction value is $0 — this is a compensation award, not a market purchase or sale. The award vests over time and is not an immediate sale.

Key Details

• Transaction date: February 11, 2026; Form filed February 13, 2026 (timely filing).
• Transaction type/code: Award/Grant (A). Price reported: $0.00; total shares granted: 25,760.
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnote F1: Restricted stock vests 50% after the 2nd anniversary of grant and 100% after the 3rd anniversary.
• Footnote F2: Notes a separate option grant vesting schedule (50% after 2 years, 75% after 3, 100% after 4) for previously granted options.
• No indication this was a sale, exercise for cash, or a gift.

Context
Restricted stock awards are common executive compensation and generally reflect future service/retention conditions rather than an immediate investment by the insider. Because these shares vest over time, they are not currently liquid; taxes are typically due when shares vest (or as otherwise elected). This filing does not indicate any immediate sale or exercise of options.