Marcus Corp (NYSE: MCS) exec has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus Corp executive Thomas F. Kissinger reported a tax-related share disposition. On February 23, 2026, 2,467 shares of common stock were withheld upon vesting of restricted stock to cover tax obligations, rather than sold in the open market. Following this withholding, he directly holds 224,700 common shares, along with multiple stock option grants and additional indirect holdings through a dividend reinvestment and associate stock purchase plan and a 401(k) plan.
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 | 2,467 | $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 — 224,700 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 23, 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 executive Thomas F. Kissinger reported a tax-related share disposition. On February 23, 2026, 2,467 common shares were withheld from vesting restricted stock to satisfy tax obligations, rather than being sold in an open-market transaction.
Does the Marcus Corp (MCS) Form 4 show an open-market sale by Thomas F. Kissinger?
The Form 4 shows no open-market sale by Thomas F. Kissinger. The 2,467-share transaction is coded as tax withholding, meaning shares from vesting restricted stock were retained to cover tax liabilities, not actively sold into the market.
What indirect Marcus Corp (MCS) holdings does Thomas F. Kissinger report?
He reports indirect Marcus Corp holdings through plans. These include 547 common shares held via a Dividend Reinvestment and Associate Stock Purchase Plan, and 1,581 common shares held through a 401(k) plan, based on the most current plan data available.