Marcus & Millichap (MMI) CEO Nadji Hessam Gifts 945 Shares

What Happened

• Nadji Hessam, CEO of Marcus & Millichap, disposed of 945 shares via a gift (transaction code G) on August 14, 2026. The filing reports $0.00 cash proceeds for the disposition (gifts are reported at $0).

Key Details

• Transaction date: 2026-08-14; Filing date (Form 4): 2026-08-18 (filed within the 2-business-day window, timely).
• Price reported: $0.00 (gift).
• Shares disposed: 945 shares (gifted).
• Shares owned after the transaction: Not specified in the filing.
• Footnote: The shares are reported as owned by the reporting person’s adult son, who resides in the reporting person’s household; the reporting person disclaims beneficial ownership of those shares.

Context

• Gifts are a non‑market transaction and do not represent a buy or sell decision aimed at realizing cash proceeds; they generally don’t convey the same market sentiment as open‑market purchases or sales.
• The footnote indicates ownership resides with the reporting person’s adult son and that the CEO disclaims beneficial ownership of these shares, which may explain the gift reporting.