MARTIN LAURALEE 4/A
Research Summary
AI-generated summary
Marcus & Millichap (MMI) Director Lauralee Martin Buys 1,701 Shares
What Happened
Lauralee Martin, a director of Marcus & Millichap, Inc. (MMI), made an open-market purchase of 1,701 shares on August 11, 2025 at $29.34 per share, for a total cost of approximately $49,905. This Form 4/A amends an earlier filing to correct the reported share counts.
Key Details
- Transaction date: August 11, 2025 (reported via amended Form 4 filed May 4, 2026)
- Transaction type: Open-market purchase (Code P)
- Price per share: $29.34; Shares acquired: 1,701; Total value: ~$49,905
- Shares beneficially owned after transaction: 17,728 (corrected number)
- Footnote: The original Form 4 (filed Aug 12, 2025) misstated the acquisition as 1,721 shares and 17,748 shares owned; this amendment corrects those totals.
- Timeliness: The amendment was filed many months after the original report, correcting previously reported totals.
Context
This was a straightforward open-market buy by a company director. Purchases can be more informative than sales because they indicate an insider adding to holdings, but the amendment here is purely to correct the reported totals — the filing does not provide reasons for the correction. No options, gifts, or tax-withholding items are involved in this transaction.