Evans Michael Reade 4
4 · MARCUS CORP · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Marcus Corp (MCS) President Michael Reade Sells 7,671 Shares
What Happened
- Michael Reade, President of Marcus Hotels & Resorts (a division of Marcus Corp, MCS), reported an open-market sale of 7,671 shares on 2026-04-15.
- The shares were disposed at a weighted average price of $19.04 for total proceeds of approximately $146,087. The actual prices received ranged from $19.03 to $19.07.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (timely filing).
- Price: weighted average $19.04; range $19.03–$19.07 (see footnote F1 for breakdown on request).
- Shares owned after transaction: not specified in the excerpt of the filing.
- Footnote F1: weighted-average price; reporting person can provide per-price share counts on request.
- Footnote F2: filing also discloses an option vesting schedule (50% at 2 yrs, 75% at 3 yrs, 100% at 4 yrs) for previously granted options.
Context
- This was a straight sale of existing shares (code S). Sales by insiders can be routine (e.g., diversification or liquidity) and do not by themselves indicate a change in the insider’s view of the company. The filing does not state the reason for the sale.
Insider Transaction Report
Form 4
MARCUS CORPMCS
Evans Michael Reade
Pres., Marcus Hotels & Resorts
Transactions
- Sale
Common Stock
[F1]2026-04-15$19.04/sh−7,671$146,087→ 45,800.53 total
Holdings
- 32,506
Stock Option (Right to Buy)
[F2]Exercise: $31.11Exp: 2030-01-08→ Common Stock (32,506 underlying) - 7,117
Stock Option (Right to Buy)
[F2]Exercise: $28.88Exp: 2030-02-25→ Common Stock (7,117 underlying) - 20,000
Stock Option (Right to Buy)
[F2]Exercise: $12.71Exp: 2030-05-08→ Common Stock (20,000 underlying) - 23,000
Stock Option (Right to Buy)
[F2]Exercise: $21.84Exp: 2031-03-09→ Common Stock (23,000 underlying) - 30,000
Stock Option (Right to Buy)
[F2]Exercise: $17.04Exp: 2032-03-08→ Common Stock (30,000 underlying) - 35,000
Stock Option (Right to Buy)
[F2]Exercise: $15.99Exp: 2033-03-07→ Common Stock (35,000 underlying)
Footnotes (2)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $19.03 to $19.07. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- [F2]The options originally granted vest as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years.
Signature
/s/ Steven R. Barth, Attorney-in-Fact for Michael Reade Evans|2026-04-17