KISSINGER THOMAS F 4
4 · MARCUS CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Marcus Corp (MCS) Sr. EVP & GC Thomas Kissinger Sells 25,000 Shares
What Happened Thomas F. Kissinger, Senior Executive Vice President, General Counsel & Secretary and a director of Marcus Corp (MCS), reported the sale of 25,000 shares on 2026-03-06. The shares were disposed at $17.32 each for a total transaction value of $433,000. The filing lists the transaction as an open market or private sale (code S).
Key Details
- Transaction date and price: 2026-03-06, 25,000 shares at $17.32 each (total $433,000).
- Transaction type/code: Sale (S) — described as open market or private sale.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes included in the filing: F1 (Dividend reinvestment and Associate Stock Purchase Plan), F2 (401(k) plan balance disclosure), F3/F4 (vesting schedules for previously granted options). These notes describe related plans or vesting schedules but do not state a reason for this sale.
- Filing timeliness: Report filed 2026-03-10 for a 2026-03-06 transaction; filing appears timely (within the standard 2 business-day window).
Context Insider sales can reflect many routine reasons (diversification, tax liabilities, planned transactions) and do not by themselves indicate company performance. This Form 4 does not show an option exercise or a cashless sale tied to option exercise — the filing records a straight sale. There is no indication in this filing that Thomas Kissinger is a 10% owner; the report focuses on an executive/director sale.
Insider Transaction Report
- Sale
Common Stock
2026-03-06$17.32/sh−25,000$433,000→ 199,700 total
- 547(indirect: By Plan)
Common Stock
[F1] - 1,581(indirect: By 401(k))
Common Stock
[F2] - 17,000
Stock Option (right to buy) (granted 2/28/17)
[F3]Exercise: $31.20Exp: 2027-02-28→ Common Stock (17,000 underlying) - 24,400
Stock Option (right to buy) (granted 2/27/18)
[F3]Exercise: $27.00Exp: 2028-02-27→ Common Stock (24,400 underlying) - 23,400
Stock Option (right to buy) (granted 2/26/19)
[F3]Exercise: $41.90Exp: 2029-02-26→ Common Stock (23,400 underlying) - 39,000
Stock Option (right to buy) (granted 2/25/20)
[F3]Exercise: $28.88Exp: 2030-02-25→ Common Stock (39,000 underlying) - 47,100
Stock Option (right to buy) (granted 3/9/21)
[F3]Exercise: $21.84Exp: 2031-03-09→ Common Stock (47,100 underlying) - 50,000
Stock Option (right to buy) (granted 3/8/22)
[F4]Exercise: $17.04Exp: 2032-03-08→ Common Stock (50,000 underlying) - 56,600
Stock Option (right to buy) (granted 3/7/23)
[F4]Exercise: $15.99Exp: 2033-03-07→ Common Stock (56,600 underlying)
Footnotes (4)
- [F1]By Dividend Reinvestment and Associate Stock Purchase Plan
- [F2]Balance reflects the most current data available with regard to the reporting person's holdings in the 401(k) Plan.
- [F3]The options originally granted vest and become exercisable as follows: 40% after 2nd anniversary of the date of grant; 60% after 3rd anniversary; 80% after 4th anniversary; and 100% after 5 years.
- [F4]The options originally granted vest and become exercisable as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years.