DeGennaro Steven F. 4
Research Summary
AI-generated summary
Marcus & Millichap (MMI) CFO Steven DeGennaro Receives Award
What Happened
Steven F. DeGennaro, Executive Vice President and Chief Financial Officer of Marcus & Millichap, was granted 16,026 restricted stock units (RSUs) on February 10, 2026. The award is reported as a derivative acquisition at $0.00 (no cash exchanged at grant). Each RSU represents a contingent right to one share of common stock.
Key Details
- Transaction date: 2026-02-10; Transaction type: Award/Grant (code A); reported price: $0.00
- Amount: 16,026 restricted stock units (derivative securities)
- Footnotes: F1 — each RSU converts to one common share upon settlement; F2 — RSUs vest in four equal annual installments beginning March 10, 2027
- Shares owned after transaction: not specified in this filing
- Filing timeliness: Reported on 2026-02-12 for a 2026-02-10 transaction (filed within the typical 2-business-day window)
Context
RSU grants are a common form of executive compensation intended for retention and alignment with shareholders. These RSUs do not represent immediately tradable shares; they become actual shares only as they vest per the stated schedule and may be subject to forfeiture or other restrictions until then. Such awards are informational and do not by themselves indicate a buy or sell signal in the open market.