Marcus Corp (NYSE: MCS) CEO updates reported Class B share ownership
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marcus Corp President and CEO Gregory S. Marcus filed an amended Form 4 updating his reported holdings of Class B Common Stock. The amendment reflects family estate planning changes and explicitly states that no change occurred in the Marcus family’s collective ownership.
Following this update, he is shown as holding 764,137 Class B shares directly, plus indirect interests including 307,543 shares as trustee, 31,679 shares as custodian, 45,764 shares held by his spouse, and 509,881 shares held by LLCs. The Class B shares are convertible into common stock on a 1-for-1 basis at no cost and are immediately exercisable with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Marcus Gregory S
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 764,137 shares (Direct);
Class B Common Stock — 307,543 shares (Indirect, As trustee)
Footnotes (1)
- This security is convertible into common stock on a 1-for-1 basis at no cost. This security is immediately exercisable. No expiration date. Revised pursuant to updated reporting of the Marcus family?s ownership in connection with family estate planning activities. No change to the Marcus family?s collective ownership has occurred. As trustee of the SMGM 2012 Family Trust. The Original Form 4 included 13,431 shares as indirectly held as trustee of the Gabriella Marcus Trust, the Daniella Marcus Trust and the Jessica Marcus Trust. The reporting person does not have a pecuniary interest in these shares. As sole custodian of the Alexandra Marcus U/WI/UTMA, the Michael Marcus U/WI/UTMA, and the Samantha Marcus U/WI/UTMA. Shares held by Matinee Fifteen Holdings, LLC and Matinee Fifteen Holdings 2 LLC.
Key Figures
Direct Class B holdings: 764,137 shares
Trust-held Class B shares: 307,543 shares
Custodian-held shares: 31,679 shares
+3 more
6 metrics
Direct Class B holdings
764,137 shares
Class B Common Stock held directly after amendment
Trust-held Class B shares
307,543 shares
Indirect Class B holdings as trustee
Custodian-held shares
31,679 shares
Indirect Class B holdings as custodian
Spousal holdings
45,764 shares
Indirect Class B shares held by spouse
LLC-held shares
509,881 shares
Indirect Class B holdings by LLCs
Conversion ratio
1-for-1
Class B Common Stock convertible into common stock at no cost
Key Terms
Class B Common Stock, pecuniary interest, Family Trust, UTMA, +1 more
5 terms
Class B Common Stock financial
"This security is convertible into common stock on a 1-for-1 basis at no cost."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
pecuniary interest financial
"The reporting person does not have a pecuniary interest in these shares."
Family Trust financial
"As trustee of the SMGM 2012 Family Trust."
UTMA financial
"As sole custodian of the Alexandra Marcus U/WI/UTMA, the Michael Marcus U/WI/UTMA, and the Samantha Marcus U/WI/UTMA."
Form 4/A regulatory
"Revised pursuant to updated reporting of the Marcus family’s ownership in connection with family estate planning activities."
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What does the Marcus Corp (MCS) Form 4/A for Gregory S. Marcus report?
The Form 4/A updates Gregory S. Marcus’s reported holdings of Class B Common Stock. It reflects revised reporting tied to family estate planning and confirms that the Marcus family’s collective ownership level has not changed according to the filing’s footnotes.
What indirect MCS Class B holdings are reported for Gregory S. Marcus in the Form 4/A?
The filing shows indirect Class B holdings of 307,543 shares as trustee, 31,679 shares as custodian, 45,764 shares held by his spouse, and 509,881 shares held by LLCs. These positions reflect various family and entity arrangements described in the footnotes.
How does family estate planning affect Marcus Corp (MCS) ownership reporting in this Form 4/A?
Footnotes state the figures were revised due to updated reporting of Marcus family ownership in connection with family estate planning. The filing specifies that these changes affect reporting only and that the Marcus family’s collective ownership level has not changed.
What are the conversion terms of Marcus Corp Class B Common Stock in this filing?
The Class B Common Stock is described as convertible into common stock on a 1-for-1 basis at no cost. The security is immediately exercisable and has no expiration date, according to the footnotes included with the amended ownership disclosure.