Marcus Corp (NYSE: MCS) officer updates Form 3 share holdings

Rhea-AI Filing Summary

The Marcus Corporation officer Michael Reade Evans, President of Marcus Hotels & Resorts, filed an amended initial ownership report to correct the number of shares he beneficially owns. He reports direct holdings of multiple blocks of common stock, including 167.278 shares and several restricted stock awards granted between February 2020 and March 2023 that vest 50% after two years and fully after four years. He also holds 936.8786 common shares indirectly through a 401(k) plan.

Evans lists several stock options to buy common shares, such as 32,506 shares at $31.11 per share expiring on 01/08/2030, and additional grants including 35,000 options at $15.99 per share expiring on 03/07/2033. The filing states it is being amended specifically to correct his beneficially owned share count.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Evans Michael Reade

(Last) (First) (Middle)

THE MARCUS CORPORATION

111 EAST KILBOURN AVENUE, SUITE 1200

(Street)

MILWAUKEE WI 53202

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/31/2023

3. Issuer Name and Ticker or Trading Symbol
MARCUS CORP [ MCS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres., Marcus Hotels & Resorts

5. If Amendment, Date of Original Filed (Month/Day/Year)
08/14/2023

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	167.278(1)	D
Common Stock	2,667(1)(2)	D
Common Stock	4,900(1)(3)	D
Common Stock	6,900(1)(4)	D
Common Stock	8,600(1)(5)	D
Common Stock	936.8786	I	By 401K Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(6)	01/08/2030	Common Stock	32,506	$31.11	D
Stock Option (Right to Buy)	(6)	02/25/2030	Common Stock	7,117	$28.88	D
Stock Option (Right to Buy)	(6)	05/08/2030	Common Stock	20,000	$12.71	D
Stock Option (Right to Buy)	(6)	03/09/2031	Common Stock	23,000	$21.84	D
Stock Option (Right to Buy)	(6)	03/08/2032	Common Stock	30,000	$17.04	D
Stock Option (Right to Buy)	(6)	03/07/2033	Common Stock	35,000	$15.99	D

Explanation of Responses:

1. Amending to correct the number of shares beneficially owned.

2. Restricted stock granted February 19, 2020 vests as follows: 50% after 2nd anniversary of date of grant and 100% after 4th anniversary of date of grant.

3. Restricted stock granted February 25, 2021 vests as follows: 50% after 2nd anniversary of date of grant and 100% after 4th anniversary of date of grant.

4. Restricted stock granted February 23, 2022 vests as follows: 50% after 2nd anniversary of date of grant and 100% after 4th anniversary of date of grant.

5. Restricted stock granted March 1, 2023 vests as follows: 50% after 2nd anniversary of date of grant and 100% after 4th anniversary of date of grant.

6. 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.

	/s/ Steven R. Barth, Attorney-in-Fact for Michael Reade Evans	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Marcus Corp (MCS) Form 3/A filing report for Michael Reade Evans?

The Form 3/A reports Michael Reade Evans’ corrected beneficial ownership in Marcus Corp common stock, restricted stock, stock options, and 401(k) shares. It updates his initial ownership disclosure as an officer, ensuring the recorded number of shares and grants is accurate.

Why was Michael Reade Evans’ Marcus Corp (MCS) ownership statement amended?

The statement was amended to correct the number of Marcus Corp shares beneficially owned by Michael Reade Evans. The explanation section explicitly notes the filing is “amending to correct the number of shares beneficially owned,” refining previously reported ownership information.

What common stock does Michael Reade Evans hold in Marcus Corp (MCS)?

Michael Reade Evans holds several direct blocks of Marcus Corp common stock, including 167.278 shares and multiple restricted stock awards. He also has 936.8786 shares held indirectly through a 401(k) plan, reflecting both current share ownership and tax-advantaged retirement holdings.

How do Michael Reade Evans’ restricted Marcus Corp (MCS) shares vest?

Restricted stock granted in 2020, 2021, 2022, and 2023 vests on the same schedule: 50% after the second anniversary of the grant date and 100% after the fourth anniversary. This structure encourages longer-term alignment with Marcus Corp’s performance and executive retention.

What stock options does Michael Reade Evans report in Marcus Corp (MCS)?

He reports multiple stock option grants to buy Marcus Corp common stock, including 32,506 shares at $31.11 expiring 01/08/2030 and 35,000 shares at $15.99 expiring 03/07/2033. These options vest 50% after two years, 75% after three years, and fully after four years.

What is Michael Reade Evans’ role at Marcus Corp (MCS) in this filing?

In this filing, Michael Reade Evans is identified as an officer of Marcus Corp, serving as President of Marcus Hotels & Resorts. The amended ownership report reflects his equity-based compensation and investment position tied to this leadership role within the company.