Leff Paul Adam 4
Research Summary
AI-generated summary
Marcus Corp (MCS) Director Leff Paul Adam Receives 1,391-Share Award
What Happened
Leff Paul Adam, a director of Marcus Corporation (MCS), was granted 1,391 shares on May 21, 2026 as a director award. The shares were recorded at $17.97 each for a total value of $24,996. This transaction is coded as an award/grant (A) — an equity grant issued by the company as compensation for board service rather than an open-market purchase.
Key Details
- Transaction date and price: May 21, 2026 — 1,391 shares at $17.97 per share (total $24,996).
- Transaction type: Award/Grant (SEC code A).
- Shares owned after transaction: Not reported in this Form 4.
- Footnote: F1 — "Granted by Issuer in consideration of service as a director."
- Filing date: May 26, 2026. The Form 4 was filed five days after the transaction date, which appears later than the usual 2-business-day reporting requirement.
Context
Director awards are common as part of board compensation and do not necessarily indicate the director’s personal buying or selling sentiment. This was a granted award by the issuer for service; there is no indication the shares were sold or part of an option exercise.