Marcus Corp (NYSE: MCS) exec withholds shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus Corp senior executive Thomas F. Kissinger reported a Form 4 showing a tax-related share disposition. On February 22, 2026, 7,292 shares of common stock were withheld from the vesting of restricted stock to pay resulting tax amounts owed, rather than sold on the open market. After this transaction, he held 227,167 shares of common stock directly.
The filing also updates his direct holdings of multiple stock option grants from 2017 through 2023 and his indirect common stock holdings through a dividend reinvestment and associate stock purchase plan and a 401(k) plan, with those plan balances reflecting the most current available data.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
KISSINGER THOMAS F
Role
Sr Exec VP, Gen Counsel & Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,292 | $0.00 | -- |
| 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 | Stock Option (right to buy) (granted 3/7/23) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 227,167 shares (Direct);
Stock Option (right to buy) (granted 2/28/17) — 17,000 shares (Direct);
Stock Option (right to buy) (granted 2/27/18) — 24,400 shares (Direct);
Stock Option (right to buy) (granted 2/26/19) — 23,400 shares (Direct);
Stock Option (right to buy) (granted 2/25/20) — 39,000 shares (Direct);
Stock Option (right to buy) (granted 3/9/21) — 47,100 shares (Direct);
Stock Option (right to buy) (granted 3/8/22) — 50,000 shares (Direct);
Stock Option (right to buy) (granted 3/7/23) — 56,600 shares (Direct);
Common Stock — 547 shares (Indirect, By Plan)
Footnotes (1)
- Shares withheld from the vesting of shares of restricted stock granted February 22, 2026 to pay resulting tax amounts owed.to pay resulting tax amounts owed. By Dividend Reinvestment and Associate Stock Purchase Plan Balance reflects the most current data available with regard to the reporting person's holdings in the 401(k) Plan. 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. 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 Thomas F. Kissinger?
Marcus Corp reported that Thomas F. Kissinger had 7,292 common shares withheld from restricted stock vesting to cover tax obligations. This tax-withholding disposition reduced his directly held shares but did not involve an open-market sale of stock.
What stock option holdings for Thomas F. Kissinger are shown in the Marcus Corp Form 4?
The Form 4 lists several stock option grants from 2017 through 2023, each described as a right to buy Marcus Corp shares. It reports updated post-transaction balances for these options, reflecting how many underlying shares each grant currently covers.
What indirect Marcus Corp holdings does Thomas F. Kissinger report?
He reports indirect ownership of Marcus Corp common stock through a Dividend Reinvestment and Associate Stock Purchase Plan and through a 401(k) plan. The filing notes that the 401(k) balance reflects the most current data available for his plan holdings.