HOEKSEMA TIMOTHY E 4/A
4/A · MARCUS CORP · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Marcus Corp (MCS) Director Timothy Hoeksema Receives Award
What Happened
Timothy E. Hoeksema, a director of Marcus Corporation (MCS), was granted 1,391 shares on 2026-05-21 at an implicit value of $17.97 per share, totaling $24,996. This was an award of shares issued by the company as compensation for board service rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-21; 1,391 shares at $17.97/share (total $24,996).
- Filing: Form 4 filed 2026-05-27 and marked AMENDED to correct previously reported underlying securities (previously reported in dollars, corrected to shares).
- Grant source: Issued by the company for service as a director under The Marcus Corporation 2004 Equity and Incentive Awards Plan (footnotes F1, F3).
- Ownership vehicle: Shares reported as held by the Timothy and Janis Hoeksema Revocable Trust U/A dated 01/04/2010 (footnote F2).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: The Form 4 was filed six days after the transaction; Form 4s are normally due within two business days, so this filing appears later than the standard deadline. The filing was amended to correct the reporting format (footnote F4).
Context
This is a routine equity award for director compensation and does not by itself indicate the director buying or selling based on a view of the company’s prospects. Such grants are commonly subject to plan terms (vesting or restrictions), which are not detailed in the excerpt.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21$17.97/sh+1,391$24,996→ 50,556 total
- 15,002(indirect: By Trust)
Common Stock
[F2] - 1,000
Stock Option (Right to Buy)
[F3]Exercise: $31.55From: 2016-12-29Exp: 2026-12-29→ Common Stock (1,000 underlying) - 1,000
Stock Option (Right to Buy)
[F3]Exercise: $27.20From: 2017-12-28Exp: 2027-12-28→ Common Stock (1,000 underlying) - 1,000
Stock Option (Right to Buy)
[F3]Exercise: $38.51From: 2018-12-27Exp: 2027-12-27→ Common Stock (1,000 underlying) - 1,000
Stock Option (Right to Buy)
[F3]Exercise: $32.60From: 2019-12-26Exp: 2029-12-26→ Common Stock (1,000 underlying) - 750
Stock Option (Right to Buy)
[F3]Exercise: $17.95From: 2021-12-30Exp: 2031-12-30→ Common Stock (750 underlying) - 1,438
Stock Option (Right to Buy)
[F3][F4]Exercise: $14.25From: 2022-12-28Exp: 2032-12-29→ Common Stock (1,438 underlying) - 1,455
Stock Option (Right to Buy)
[F3]Exercise: $14.69From: 2023-12-28Exp: 2033-12-28→ Common Stock (1,455 underlying)
Footnotes (4)
- [F1]Granted by Issuer in consideration of service as a director.
- [F2]By the Timothy and Janis Hoeksema Revocable Trust U/A Dated 01/04/2010.
- [F3]Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan.
- [F4]Amending solely to correct previously reported Underlying Securities reported in dollars to be reported in shares.