Director at Marcus Corp (NYSE: MCS) receives 1,391-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus Corp director Timothy E. Hoeksema received an award of 1,391 shares of Common Stock at $17.97 per share, recorded as an acquisition under code A. The shares were granted by the issuer in consideration of his service as a director and pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan.
After this grant, he holds 50,556 Common Shares directly and 15,002 shares indirectly through the Timothy and Janis Hoeksema Revocable Trust U/A dated 01/04/2010. He also retains multiple stock option positions on Common Stock, including options exercisable at $14.69 per share expiring on December 28, 2033, and additional tranches with exercise prices up to $38.51 expiring between 2026 and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
HOEKSEMA TIMOTHY E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,391 | $17.97 | $25K |
| 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) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,556 shares (Direct, null);
Stock Option (Right to Buy) — 1,000 shares (Direct, null);
Common Stock — 15,002 shares (Indirect, By Trust)
Footnotes (1)
- Granted by Issuer in consideration of service as a director. By the Timothy and Janis Hoeksema Revocable Trust U/A Dated 01/04/2010. Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan.
Key Figures
Director share award: 1,391 shares
Award price: $17.97/share
Direct common holdings: 50,556 shares
+4 more
7 metrics
Director share award
1,391 shares
Common Stock grant at $17.97 per share
Award price
$17.97/share
Transaction price per Common Share for grant
Direct common holdings
50,556 shares
Common Stock held directly after transaction
Indirect trust holdings
15,002 shares
Common Stock held by revocable trust
Option at $14.69
1,455 underlying shares
Stock option, exercise price $14.69, expires Dec 28, 2033
Option at $17.95
750 underlying shares
Stock option, exercise price $17.95, expires Dec 30, 2031
Option at $31.55
1,000 underlying shares
Stock option, exercise price $31.55, expires Dec 29, 2026
Key Terms
Stock Option (Right to Buy), Revocable Trust, Equity and Incentive Awards Plan, grant or award
4 terms
Stock Option (Right to Buy) financial
"Reports several "Stock Option (Right to Buy)" positions on Common Stock."
Revocable Trust financial
"Indirect holdings are in the Timothy and Janis Hoeksema Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Equity and Incentive Awards Plan financial
"The grant was made pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan."
grant or award financial
"Transaction code A indicates a grant or award acquisition of shares."