Nadji Hessam 4
4 · Marcus & Millichap, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Marcus & Millichap (MMI) CEO Nadji Hessam Sells 500 Shares
What Happened Nadji Hessam, CEO of Marcus & Millichap (MMI), reported an open-market sale of 500 shares on 2026-06-11 at $30.39 per share for proceeds of $15,193. The Form 4 also shows gift transactions on 2026-06-10: a disposal of 4,500 shares by gift and an acquisition of 500 shares by gift (both reported at $0.00). The filing was submitted on 2026-06-12 and covers transactions dated 2026-06-10 and 2026-06-11.
Key Details
- Transactions:
- 2026-06-10: Gift (G) — 4,500 shares disposed, $0.00 (F1)
- 2026-06-10: Gift (G) — 500 shares acquired, $0.00 (F2)
- 2026-06-11: Sale (S) — 500 shares @ $30.39 = $15,193
- Filing date: Form 4 filed 2026-06-12 covering the above dates.
- Shares owned after transaction: Not specified in the summary provided here (check the full Form 4 for post-transaction holdings).
- Footnotes:
- F1: The 4,500 shares were gifted to the reporting person's adult son, who resides in his household; Hessam disclaims beneficial ownership.
- F2: The 500 shares are owned by the reporting person's adult son (residing in the household); Hessam disclaims beneficial ownership.
- No 10b5-1 plan or tax-withholding noted in the supplied details; no late-filing flag provided.
Context Gifts are not a market sentiment signal and often relate to personal or estate planning; the reported gift transactions here involve the CEO's adult son and include disclaimers of beneficial ownership. The 500-share open-market sale is relatively small in dollar terms ($15k) and may reflect routine liquidity rather than a directional view on the company. Retail investors should view this filing as routine insider activity; consult the full Form 4 for exact post-transaction holdings and any additional disclosures.
Insider Transaction Report
- Gift
Common Stock
2026-06-10−4,500→ 300,927 total - Gift
Common Stock
[F1][F2]2026-06-10+500→ 980 total(indirect: By: Son) - Sale
Common Stock
[F2]2026-06-11$30.39/sh−500$15,193→ 480 total(indirect: By: Son)
Footnotes (2)
- [F1]Represents shares gifted to the reporting person's adult son, who is currently residing in the reporting person's household. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section16 or for any other purpose.
- [F2]Shares owned by the reporting person's adult son, who is currently residing in the reporting person's household. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.