Marcus Corp Executive Reveals Major Stake: Inside the Theatre Division Chief's Portfolio
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
This Form 3/A is an amended initial statement of beneficial ownership for Mark A. Gramz, President of Marcus Theatres Corporation, filed for The Marcus Corporation (NYSE: MCS). The amendment, dated June 25, 2025, updates the original filing from August 14, 2023.
Key beneficial ownership details:
- Direct Common Stock Holdings: 1,271 shares directly owned, plus 6,700 restricted shares granted March 1, 2023 with staged vesting
- Indirect Holdings: 4,944.63 shares through 401(k) Plan (newly reported in this amendment)
- Stock Options: Multiple tranches totaling 57,190 shares with exercise prices ranging from $12.71 to $41.90 and expiration dates from 2024 to 2033
The filing includes detailed vesting schedules for restricted stock (50% after 2 years, 100% after 4 years) and stock options (varying between 4-5 year vesting periods with different percentage milestones).
Positive
- None.
Negative
- None.
Insider Trade Summary
14 transactions reported
Mixed
14 txns
Insider
Gramz Mark A
Role
Pres., Marcus Theatres Corp*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 700 shares (Direct);
Common Stock — 1,271 shares (Direct);
Common Stock — 4,944.625 shares (Indirect, By 401K Plan)
Footnotes (1)
- 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. Balance reflects the most current data available with regard to the reporting person's holdings in the 401(k) Plan. This amount was not previously reported on the Form 3 filed on August 14, 2023. The options originally granted vest as follows: 40% after 2nd anniversary of the date of grant; 60% after 3rd anniversary; 80% after 4th anniversary; and 100% after 5 years. 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.
FAQ
What is the vesting schedule for Mark Gramz's MCS restricted stock granted in 2023?
The restricted stock granted on March 1, 2023 follows a two-tier vesting schedule: 50% vests after the second anniversary of the grant date, and 100% vests after the fourth anniversary of the grant date.
What position does Mark Gramz hold at Marcus Corporation (MCS)?
Mark Gramz serves as the President of Marcus Theatres Corporation, a division of The Marcus Corporation (MCS).