Nadji Hessam 4

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.