Marcus Corporation (MCS) director reports stock grant and Class B shares

Rhea-AI Filing Summary

The Marcus Corporation director reports new equity awards. A director of The Marcus Corporation received 4,174 shares of common stock on December 31, 2025 at a stated price of $0, increasing direct beneficial ownership to 105,085 common shares.

The 4,174 common shares are described as restricted stock that vests 50% after the second anniversary of the grant date and 100% after the fourth anniversary. The filing also shows 1,681 Class B common stock derivative securities, immediately exercisable, each convertible into one share of common stock at no cost. Class B common stock carries 10 votes per share, while common stock carries one vote per share.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Marcus David John

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,174	$0.00	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Common Stock — 105,085 shares (Direct); Class B Common Stock — 1,681 shares (Direct)

Footnotes (1)

1. Restricted stock granted December 31, 2025 vests and becomes exercisable as follows: 50% after 2nd anniversary of date of grant and 100% after 4th anniversary of date of grant. This security is convertible into common stock on a 1-for-1 basis at no cost and Class B Common Stock is entitled to 10 votes per share and Common Stock is entitled to one vote per share. This security is immediately exercisable. No expiration date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Marcus David John

(Last) (First) (Middle)

THE MARCUS CORPORATION

111 EAST KILBOURN AVENUE, SUITE 1200

(Street)

MILWAUKEE WI 53202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MARCUS CORP [ MCS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/31/2025		A(1)		4,174	A	$0	105,085	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(2)							(3)	(4)	Common Stock	1,681		1,681	D

Explanation of Responses:

1. Restricted stock granted December 31, 2025 vests and becomes exercisable as follows: 50% after 2nd anniversary of date of grant and 100% after 4th anniversary of date of grant.

2. This security is convertible into common stock on a 1-for-1 basis at no cost and Class B Common Stock is entitled to 10 votes per share and Common Stock is entitled to one vote per share.

3. This security is immediately exercisable.

4. No expiration date.

	/s/ Steven R. Barth, Attorney-in-Fact for David John Marcus	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Marcus Corp (MCS) disclose in this Form 4?

The filing shows a Marcus Corp director received 4,174 shares of common stock as a stock grant on December 31, 2025, reported at a price of $0, bringing direct beneficial ownership to 105,085 common shares.

How do the new Marcus Corp (MCS) restricted shares vest for the director?

The restricted stock granted on December 31, 2025 vests as follows: 50% after the second anniversary of the grant date and 100% after the fourth anniversary.

What derivative securities are reported in this Marcus Corp (MCS) Form 4?

The Form 4 lists 1,681 Class B common stock derivative securities that are immediately exercisable and have no expiration date, with each Class B share convertible into one share of common stock at no cost.

What voting rights are attached to Marcus Corp (MCS) Class B common stock versus common stock?

The filing states that Class B common stock is entitled to 10 votes per share, while common stock is entitled to one vote per share.

Is the Marcus Corp (MCS) insider transaction direct or indirect ownership?

After the reported transaction, the director holds 105,085 shares of Marcus Corp common stock with direct ownership, as indicated in the filing.

What is the conversion ratio from Marcus Corp (MCS) Class B shares to common stock?

The security described as Class B common stock is convertible into common stock on a 1-for-1 basis at no cost, according to the filing.