Marcus Corp (NYSE: MCS) CFO disposes shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus Corp Chief Financial Officer Chad M. Paris reported a tax-related share disposition. On February 23, 2026, 1,146 shares of common stock were withheld upon vesting of restricted stock to cover resulting tax liabilities, recorded at a price of $0.00 per share.
After this tax-withholding disposition, Paris directly holds 70,638 shares of common stock. He also directly holds stock options to purchase 10,000 shares from a 10/18/21 grant, 23,000 shares from a 3/8/22 grant, and 29,900 shares from a 3/7/23 grant, subject to time-based vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Paris Chad M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,146 | $0.00 | -- |
| holding | Stock Option (right to buy) (granted 10/18/21) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 3/8/22) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 3/7/23) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,638 shares (Direct);
Stock Option (right to buy) (granted 10/18/21) — 10,000 shares (Direct);
Stock Option (right to buy) (granted 3/8/22) — 23,000 shares (Direct);
Stock Option (right to buy) (granted 3/7/23) — 29,900 shares (Direct)
Footnotes (1)
- Shares withheld from the vesting of shares of restricted stock granted February 23, 2026 to pay resulting tax amounts owed.to pay resulting tax amounts owed. 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.
FAQ
What insider transaction did Marcus Corp (MCS) report for its CFO?
Marcus Corp CFO Chad M. Paris reported a tax-withholding share disposition. On February 23, 2026, 1,146 common shares were withheld from vesting restricted stock to pay related taxes, a non-cash transaction that reduced his share count but did not involve an open-market sale.
Was the Marcus Corp (MCS) CFO’s Form 4 transaction an open-market sale?
No, the transaction is classified as a tax-withholding disposition rather than an open-market sale. Shares were withheld from vested restricted stock to pay tax amounts due, using transaction code F, which indicates delivery of securities to satisfy tax obligations.
What stock options in Marcus Corp (MCS) does the CFO report holding?
The CFO reports directly holding stock options granted on October 18, 2021 for 10,000 shares, March 8, 2022 for 23,000 shares, and March 7, 2023 for 29,900 shares. These options vest over four years according to specified anniversary-based vesting milestones.
How do the Marcus Corp (MCS) CFO’s stock options vest over time?
The reported stock options vest in stages: 50% after the second anniversary of each grant date, 75% after the third anniversary, and 100% after four years. This schedule applies to the options granted in 2021, 2022, and 2023.