Marcus & Millichap, Inc.·4

Mar 12, 6:23 PM ET

LaBerge Gregory A. 4

4 · Marcus & Millichap, Inc. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Marcus & Millichap (MMI) SVP Gregory LaBerge Receives RSU Shares

What Happened

  • Gregory A. LaBerge, SVP & Chief Client Officer of Marcus & Millichap (MMI), had multiple restricted stock units (RSUs) convert to common shares on March 10, 2026. A total of 9,697 shares were issued on vesting and 3,466 of those shares were withheld by the issuer to satisfy tax withholding, valued at $91,606 (based on the $26.43 closing price reported). The net result was roughly 6,231 shares delivered to LaBerge. Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld for tax.

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely).
  • Vesting/issuance: 9,697 shares converted from RSUs; 3,466 shares withheld for taxes at $26.43 = $91,606 withheld.
  • Shares owned after transaction: not specified in the filing.
  • Relevant footnotes: F1 (each RSU converts to one share); F2 (shares withheld to pay withholding tax based on 3/10/2026 close); F3 (some shares held by the Gregory & Meredith LaBerge Trust); F4–F8 (vesting schedules for the RSU grants).
  • Codes: M = derivative conversion/settlement; F = tax withholding (net-share settlement).

Context

  • This was a routine RSU vesting event with net-share (share-withheld) tax payment — effectively a cashless settlement of RSUs — not an open-market sale or purchase. Such transactions reflect compensation vesting rather than a deliberate buy/sell decision by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-10
LaBerge Gregory A.
SVP & Chief Client Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+1,2381,238 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh442$11,682796 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+7691,565 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh275$7,2681,290 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+1,0202,310 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh365$9,6471,945 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+5,3527,297 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh1,912$50,5345,385 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+1,3186,703 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh472$12,4756,231 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-03-101,0200 total
    Exp: 2031-02-11Common Stock (1,020 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-03-105,3525,358 total
    Exp: 2032-02-10Common Stock (5,352 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F6]
    2026-03-101,3182,636 total
    Exp: 2033-02-09Common Stock (1,318 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F7]
    2026-03-101,2383,718 total
    Exp: 2034-02-08Common Stock (1,238 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F8]
    2026-03-107692,310 total
    Exp: 2035-02-06Common Stock (769 underlying)
Holdings
  • Common Stock

    [F3]
    (indirect: By Trust)
    9,073
Footnotes (8)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  • [F2]Shares withheld by the Issuer in payment of the withholding tax liability incurred upon the above-reported settlements of RSUs. The amount of shares withheld is based on the closing sale price on March 10, 2026.
  • [F3]Shares held by the Gregory & Meredith LaBerge TTEE Gregory A. LaBerge Trust.
  • [F4]The restricted stock units vest in five equal annual installments beginning March 10, 2022.
  • [F5]The restricted stock units vest in five equal annual installments beginning March 10, 2023.
  • [F6]The restricted stock units vest in five equal annual installments beginning March 10, 2024.
  • [F7]The restricted stock units vest in five equal annual installments beginning March 10, 2025.
  • [F8]The restricted stock units vest in four equal annual installments beginning March 10, 2026.
Signature
/s/ Gregory A. LaBerge|2026-03-12

Documents

1 file
  • 4
    ownership.xmlPrimary

    4