Marcus Corp (NYSE: MCS) hotel unit president sells 7,671 shares, keeps options
Rhea-AI Filing Summary
Marcus Corp executive Michael Reade Evans, President of Marcus Hotels & Resorts, reported an open‑market sale of 7,671 shares of Common Stock on April 15, 2026 at a weighted average price of $19.0441 per share, with individual trade prices ranging from $19.03 to $19.07. After this sale, he directly owns about 45,800.53 common shares.
Evans also holds several direct Stock Options (Right to Buy) over common stock, including 32,506 underlying shares at a $31.11 exercise price expiring in 2030 and additional option grants with exercise prices between $12.71 and $28.88 expiring from 2030 through 2033. Footnotes state these options vest 50% after two years, 75% after three years, and fully after four years from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,671 shares
Net Sell
7 txns
Insider
Evans Michael Reade
Role
Pres., Marcus Hotels & Resorts
Sold
7,671 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,671 | $19.0441 | $146K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 45,800.53 shares (Direct);
Stock Option (Right to Buy) — 147,623 shares (Direct)
Footnotes (2)
- F1. The price in Column 4 is a weighted average price. The prices actually received ranged from $19.03 to $19.07. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F2. The options originally granted vest as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years.
Key Figures
Shares sold: 7,671 shares
Weighted average sale price: $19.0441 per share
Remaining common shares: 45,800.53 shares
+3 more
6 metrics
Shares sold
7,671 shares
Open-market sale of Marcus Corp common stock on April 15, 2026
Weighted average sale price
$19.0441 per share
Price received for 7,671 Marcus Corp shares sold
Remaining common shares
45,800.53 shares
Direct Marcus Corp common stock holdings after the sale
Option exercise price
$31.11 per share
Stock Option (Right to Buy) expiring January 8, 2030 over 32,506 underlying shares
Option exercise price
$12.71 per share
Stock Option (Right to Buy) expiring May 8, 2030 over 20,000 underlying shares
Option exercise price
$15.99 per share
Stock Option (Right to Buy) expiring March 7, 2033 over 35,000 underlying shares
Key Terms
weighted average price, Stock Option (Right to Buy), exercise price, expiration date, +1 more
5 terms
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" over Common Stock"
exercise price financial
"conversion_or_exercise_price: "31.1100" for options expiring in 2030"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2033-03-07T00:00:00.000Z" for one option grant"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"The options originally granted vest as follows: 50% after 2nd anniversary..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Marcus Corp (MCS) executive Michael Reade Evans report?
Michael Reade Evans reported selling 7,671 Marcus Corp common shares in an open‑market transaction. The sale occurred on April 15, 2026 at a weighted average price of $19.0441, with trade prices between $19.03 and $19.07 per share.
How do Michael Reade Evans’s Marcus Corp (MCS) options vest over time?
According to the footnotes, his stock options were originally granted with time‑based vesting. They vest 50% after the second anniversary of the grant date, 75% after the third anniversary, and become fully vested after four years from the grant date.