Marcus Corp (MCS) Director Marcus David John Receives Gift of 1,249 Shares

What Happened
Marcus David John, a director of Marcus Corp (MCS), was reported as acquiring 1,249 shares via a gift on August 7, 2026. The instrument was reported as a derivative convertible security acquired at $0.00 (total reported value $0). Footnotes indicate the security is convertible into common stock 1-for-1 at no cost and is immediately exercisable with no expiration.

Key Details

• Transaction date and type: Aug 7, 2026 — Gift (code G), 1,249 shares, $0.00 per share (derivative).
• Conversion/exercise: Convertible 1-for-1 into common stock, immediately exercisable, no expiration (F1–F3).
• Holding form: Shares/derivative held via Matinee Fifteen Holdings, LLC and Matinee Fifteen Holdings 2 LLC, and in the capacity of trustee for the SMDM 2012 Trust (F4–F5).
• Shares owned after transaction: Not specified as a total in the provided excerpt; holdings appear to be held through the named entities/trust.
• Filing timeliness: Form filed Aug 11, 2026 for an Aug 7 transaction (4 days later). Form 4s are typically due within two business days, so this filing may be late — check the full filing for any timeliness disclosure.

Context
This was a gift of a convertible security, not a market purchase or sale. Gifts and transfers do not necessarily reflect the insider’s view of the company’s stock price. The derivative can be converted to common stock immediately at no cost, which effectively gives the insider the right to obtain shares without payment.