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Marcus & Millichap, Inc.·4

Mar 12, 8:52 PM ET

De Bosschere Fabrice 4

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

Research Summary

AI-generated summary of this filing

Updated

MMI Chief Accounting Officer Fabrice De Bosschere Receives RSUs

What Happened
Fabrice De Bosschere, Chief Accounting Officer of Marcus & Millichap, reported the vesting/settlement of restricted stock units (RSUs) on March 10, 2026. A total of 2,087 RSUs converted into common shares. To cover the tax withholding on the settlement, 778 shares were withheld (disposed) at the closing price of $26.43, producing a withholding value of about $20,562. After withholding, De Bosschere received a net 1,309 shares. The total market value of the vested RSUs at $26.43/share is approximately $55,160.

Key Details

  • Transaction date: March 10, 2026; Form filed March 12, 2026 (filed within standard reporting window).
  • Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to satisfy tax liability.
  • Vested/settled: 2,087 RSUs. Shares withheld for taxes: 778 shares at $26.43 each, total ~$20,562. Net shares issued to insider: 1,309.
  • Price used for withholding: closing sale price on March 10, 2026 = $26.43 (per filing footnote).
  • Footnotes: multiple RSU grants with staggered vesting schedules — some vest March 10, 2026 (and others in later years per footnotes F3–F7). Footnote F2 confirms shares were withheld to cover withholding tax.
  • Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

  • This was not an open-market purchase or sale for investment purposes; it was the settlement of RSUs (derivative conversion). The shares withheld were used to satisfy tax withholding — a routine, administrative disposition (F code).
  • For retail investors, such settlements generally reflect compensation vesting rather than a directional bet by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-10
Marcus & Millichap, Inc.MMI
De Bosschere Fabrice
Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+212→ 1,422 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh−87$2,299→ 1,335 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+158→ 1,493 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh−65$1,718→ 1,428 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+1,000→ 2,428 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh−369$9,753→ 2,059 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+117→ 2,176 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh−42$1,110→ 2,134 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+600→ 2,734 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$26.43/sh−215$5,682→ 2,519 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-03-10−1,000→ 1,000 total
    Exp: 2032-02-10→ Common Stock (1,000 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-03-10−117→ 235 total
    Exp: 2033-02-09→ Common Stock (117 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-03-10−600→ 1,200 total
    Exp: 2033-02-09→ Common Stock (600 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F6]
    2026-03-10−212→ 636 total
    Exp: 2034-05-02→ Common Stock (212 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F7]
    2026-03-10−158→ 632 total
    Exp: 2035-02-06→ Common Stock (158 underlying)
Footnotes (7)
  • [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]The restricted stock units vest as follows: 1,000 restricted stock units vest on March 10, 2026 and 1,000 restricted stock units vest on March 10, 2027.
  • [F4]The restricted stock units vest as follows: 117 restricted stock units vest on March 10, 2026, 117 restricted stock units vest on March 10, 2027 and 118 restricted stock units vest on March 10, 2028.
  • [F5]The restricted stock units vest as follows: 600 restricted stock units vest on March 10, 2026, 600 restricted stock units vest on March 10, 2027 and 600 restricted stock units vest on March 10, 2028.
  • [F6]The restricted stock units vest as follows: 212 restricted stock units vest on March 10, 2026, 212 restricted stock units vest on March 10, 2027, 212 restricted stock units vest on March 10, 2028 and 212 restricted stock units vest on March 10, 2029.
  • [F7]The restricted stock units vest in four equal annual installments beginning March 10, 2026.
Signature
/s/ Fabrice De Bosschere|2026-03-12

Documents

1 file
  • 4
    ownership.xmlPrimary

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