Evans Michael Reade 4
4 · MARCUS CORP · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Marcus Corp (MCS) President Michael Reade Evans Sells Shares
What Happened
Michael Reade Evans, President of Marcus Hotels & Resorts at Marcus Corp (MCS), reported the sale of 37.467 shares on 2026-03-20 at $15.94 per share for total proceeds of approximately $597. The filing lists the transaction as an open-market or private sale (code S), which is a disposition of shares rather than a purchase.
Key Details
- Transaction date and price: 2026-03-20 — 37.467 shares sold at $15.94 each.
- Total reported value: ≈ $597.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnote: Filing includes a vesting schedule (F1) for previously granted options: 50% after year 2, 75% after year 3, and 100% after year 4.
- Filing timing: Report filed 2026-03-24 (within the typical Form 4 filing window for the 2026-03-20 transaction).
Context
This was a small-value sale and does not on its own indicate a change in the executive’s long-term view. The footnote references an option vesting schedule for earlier grants; this transaction is recorded as a sale, not an option exercise. Retail investors often watch purchases for stronger bullish signals; routine or small sales like this are common and may relate to personal liquidity needs or tax/administrative reasons rather than company outlook.
Insider Transaction Report
- Sale
Common Stock
2026-03-20$15.94/sh−37.467$597→ 53,471.533 total
- 32,506
Stock Option (Right to Buy)
[F1]Exercise: $31.11Exp: 2030-01-08→ Common Stock (32,506 underlying) - 7,117
Stock Option (Right to Buy)
[F1]Exercise: $28.88Exp: 2030-02-25→ Common Stock (7,117 underlying) - 20,000
Stock Option (Right to Buy)
[F1]Exercise: $12.71Exp: 2030-05-08→ Common Stock (20,000 underlying) - 23,000
Stock Option (Right to Buy)
[F1]Exercise: $21.84Exp: 2031-03-09→ Common Stock (23,000 underlying) - 30,000
Stock Option (Right to Buy)
[F1]Exercise: $17.04Exp: 2032-03-08→ Common Stock (30,000 underlying) - 35,000
Stock Option (Right to Buy)
[F1]Exercise: $15.99Exp: 2033-03-07→ Common Stock (35,000 underlying)
Footnotes (1)
- [F1]The options originally granted vest as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years.