LaBerge Gregory A. 4

What Happened
Gregory A. LaBerge, SVP & Chief Client Officer of Marcus & Millichap, Inc. (MMI), was granted 4,546 restricted stock units (RSUs) on February 10, 2026. The grant is reported as an acquisition (code A) at $0.00 per unit. Each RSU represents a contingent right to receive one share of MMI common stock upon vesting.

Key Details

• Transaction date: 2026-02-10 (grant).
• Filing date: 2026-02-12 (filed two days after the transaction).
• Award: 4,546 RSUs; reported price $0.00 (typical for RSU grants; no cash purchase).
• Vesting: Four equal annual installments beginning March 10, 2027 (per footnote).
• Derivative nature: RSUs are contingent rights to shares (not immediate shares or a sale).
• Shares owned after transaction: Not provided in the excerpted filing.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or late-filing flag was reported in this filing.

Context
RSU grants are a form of compensation and vest over time; they do not represent an immediate market buy or sell. When RSUs vest, they are typically settled in shares (or shares net of withholding), at which point they become actual equity holdings. This filing documents a routine executive award rather than an exercised option or an open-market trade.