OLSON BRUCE J 4/A
Research Summary
AI-generated summary
Marcus Corp (MCS) Director Bruce J. Olson Receives 1,391-Share Award
What Happened
Bruce J. Olson, a director of Marcus Corporation (MCS), was granted 1,391 shares on 2026-05-21 at an implied price of $17.97 per share, a total value of $24,996. The award was granted in consideration of his service as a director pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan. This was a grant/award (acquisition) rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-21; reported on an amended Form 4 filed 2026-05-27.
- Grant: 1,391 shares at $17.97 per share; total value $24,996.
- Shares acquired as trustee: reported in the filing as acquired by the Bruce J. Olson & Barbara A. Olson Revocable Trust and the Bruce Olson Family Trust (per footnotes).
- Award authority: The Marcus Corporation 2004 Equity and Incentive Awards Plan.
- Filing amendment: The Form 4 was amended solely to correct previously reported underlying securities (reported in dollars) to be reported in shares.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a standard director compensation award for service, not a sale or an exercised option. Director grants are routine compensation and do not necessarily indicate management trading intent or a change in company outlook.