Evans Michael Reade 4

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.