Marcus Corp counsel exercises 42,450 stock options
Marcus Corp senior executive Thomas F. Kissinger exercised stock options and increased his direct shareholdings.
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Rhea-AI Filing Summary
Marcus Corp senior executive Thomas F. Kissinger exercised stock options and increased his direct shareholdings. On April 13, 2026, he exercised options for 42,450 shares of common stock at an exercise price of $15.99 per share, converting them into common shares.
As part of this net exercise, 38,511 shares of common stock were withheld to cover the option exercise price and related tax obligations at a reference price of $19.17 per share. Following these transactions, Kissinger directly owned 203,639 shares of Marcus common stock, plus a small indirect holding of 547 shares through a dividend reinvestment and associate stock purchase plan.
He also retained multiple outstanding stock option grants, including options covering 17,000 shares at an exercise price of $31.20 per share expiring in 2027 and options covering 50,000 shares at an exercise price of $17.04 per share expiring in 2032, along with several other grants expiring between 2028 and 2031.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) (granted 3/7/23) | 42,450 | $0.00 | $0.00 |
| Exercise | Common Stock | 42,450 | $15.99 | $679K |
| Exercise Price or Tax Liability | Common Stock | 38,511 | $19.17 | $738K |
| holding | Stock Option (right to buy) (granted 2/28/17) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 2/27/18) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 2/26/19) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 2/25/20) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 3/9/21) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 3/8/22) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents a net exercise of outstanding options. The reporting person received 56,600 shares of common stock on net exercise of option to purchase 42,450 shares of common stock. The Company withheld 38,511 shares of common stock underlying the option for payment of the exercise price and tax withholding, using the closing stock price on April 13, 2026 of $19.17, pursuant to the terms of The Marcus Corporation 2004 Equity and Incentive Awards Plan.
- F2. By Dividend Reinvestment and Associate Stock Purchase Plan
- F3. The options originally granted vest and become exercisable as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years.
- F4. The options originally granted vest and become exercisable as follows: 40% after 2nd anniversary of the date of grant; 60% after 3rd anniversary; 80% after 4th anniversary; and 100% after 5 years.
Key Figures
Key Terms
net exercise financial
Stock Option (right to buy) financial
tax-withholding disposition financial
Dividend Reinvestment and Associate Stock Purchase Plan financial
Equity and Incentive Awards Plan financial
FAQ
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What insider transactions did MCS executive Thomas F. Kissinger report?
How were taxes and exercise costs handled in the MCS insider option exercise?
What stock options does Thomas F. Kissinger retain in Marcus Corp (MCS)?
Was the Form 4 transaction by the MCS executive an open-market sale?
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