Parker John David 4
Research Summary
AI-generated summary
Marcus & Millichap (MMI) EVP/COO Parker John David Receives RSU Award
What Happened Parker John David, Executive Vice President and Chief Operating Officer of Marcus & Millichap, received a grant of 19,218 restricted stock units (RSUs) on February 10, 2026. The grant is reported as an award/acquisition at $0.00 (derivative award), so there was no cash purchase; the value will depend on the company’s future share price when RSUs vest and convert to shares.
Key Details
- Transaction date: 2026-02-10; filing date: 2026-02-12 (Form 4 accession 0001193125-26-049292).
- Grant: 19,218 RSUs reported as acquired at $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes: F1 — each RSU represents a contingent right to one share of common stock; F2 — RSUs vest in four equal annual installments beginning March 10, 2027.
- Filing timeliness: filed within the typical two-business-day Form 4 window.
Context This was a compensation award (RSUs), not an open-market purchase or sale. RSUs do not represent immediate share ownership until they vest and convert to common stock; as such, the grant is a prospective compensation entitlement rather than a direct market bet by the insider.