De Bosschere Fabrice 4
Research Summary
AI-generated summary
Marcus & Millichap (MMI) Chief Accounting Officer Receives RSU Award
What Happened
- Fabrice De Bosschere, Chief Accounting Officer of Marcus & Millichap, was granted 422 restricted stock units (RSUs) on Feb 10, 2026. The grant is reported as a derivative acquisition at $0.00 per unit (award), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (filed within the typical two-business-day window).
- Transaction type/code: A — Award/Grant of RSUs (derivative).
- Quantity and price: 422 RSUs @ $0.00 (award); reported dollar value at grant is $0 because these are contingent units, not an open-market purchase.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 — each RSU represents a contingent right to one share; F2 — RSUs vest in five equal annual installments beginning March 10, 2027.
Context
- RSU grants are a form of compensation/retention incentive and do not represent an immediate purchase or sale of shares. The eventual economic value depends on the company’s stock price at each vesting date; this type of transaction should be viewed as compensation rather than a direct bullish or bearish signal.