Marcus David John 4
Research Summary
AI-generated summary
Marcus Corp (MCS) Director Marcus David John Receives 1,391-Share Award
What Happened
- Marcus David John, a director of Marcus Corp (MCS), was granted 1,391 shares on 2026-05-21 as compensation for board service. The award is reported at $17.97 per share for a total value of $24,996. The filing lists this as an award/acquisition (Form 4 code A).
Key Details
- Transaction date and price: 2026-05-21 at $17.97 per share (total $24,996).
- Security type: Class B common stock (convertible 1-for-1 into common stock at no cost).
- Voting rights: Class B shares carry 10 votes per share vs. one vote for common stock (per filing footnote).
- Exercisability/term: Immediately exercisable and no expiration date (footnotes).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Report filed 2026-05-26. Filing appears timely (within the SEC two-business-day deadline, accounting for the 2026 Memorial Day holiday on 5/25).
Context
- This was a director compensation grant (routine for board service) rather than an open-market purchase or sale. Such awards are standard pay and do not by themselves indicate the director buying or selling stock for investment reasons.
- The award converts 1-for-1 to common shares and carries enhanced voting power while held as Class B shares.