LaBerge Gregory A. 4
4 · Marcus & Millichap, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
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
LaBerge Gregory A.
SVP & Chief Client Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-10+1,238→ 1,238 total - Tax Payment
Common Stock
[F2]2026-03-10$26.43/sh−442$11,682→ 796 total - Exercise/Conversion
Common Stock
[F1]2026-03-10+769→ 1,565 total - Tax Payment
Common Stock
[F2]2026-03-10$26.43/sh−275$7,268→ 1,290 total - Exercise/Conversion
Common Stock
[F1]2026-03-10+1,020→ 2,310 total - Tax Payment
Common Stock
[F2]2026-03-10$26.43/sh−365$9,647→ 1,945 total - Exercise/Conversion
Common Stock
[F1]2026-03-10+5,352→ 7,297 total - Tax Payment
Common Stock
[F2]2026-03-10$26.43/sh−1,912$50,534→ 5,385 total - Exercise/Conversion
Common Stock
[F1]2026-03-10+1,318→ 6,703 total - Tax Payment
Common Stock
[F2]2026-03-10$26.43/sh−472$12,475→ 6,231 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-10−1,020→ 0 totalExp: 2031-02-11→ Common Stock (1,020 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-10−5,352→ 5,358 totalExp: 2032-02-10→ Common Stock (5,352 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-10−1,318→ 2,636 totalExp: 2033-02-09→ Common Stock (1,318 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-03-10−1,238→ 3,718 totalExp: 2034-02-08→ Common Stock (1,238 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F8]2026-03-10−769→ 2,310 totalExp: 2035-02-06→ Common Stock (769 underlying)
Holdings
- 9,073(indirect: By Trust)
Common Stock
[F3]
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