Marcus Corp (MCS) director receives 1,391-share stock award and holds options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus Corp director Philip L. Milstein reported an equity award and updated holdings in company securities. He received a grant of 1,391 shares of Common Stock at $17.97 per share as compensation for service as a director, bringing his directly held Common Stock to 79,149 shares.
In addition, he reports several indirect Common Stock holdings as trustee for the PLM Foundation, while disclaiming beneficial interest in those shares and in shares owned by his wife, children, and the SVM Foundation. He also holds multiple vested stock options with exercise prices ranging from $14.69 to $38.51 per share and expirations through 2033, providing ongoing rights to acquire additional Marcus Corp stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
MILSTEIN PHILIP L
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 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,149 shares (Direct, null);
Stock Option (Right to Buy) — 1,000 shares (Direct, null);
Common Stock — 10,244 shares (Indirect, As trustee for PLM Foundation)
Footnotes (1)
- Granted by Issuer in consideration of service as a director. The undersigned disclaims any beneficial interest in shares owned by his wife, children, held by him as trustee for PLM Foundation, or held by him as co-trustee for SVM Foundation. Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan.
Key Figures
Director stock award: 1,391 shares
Award price: $17.97 per share
Direct Common Stock holdings: 79,149 shares
+5 more
8 metrics
Director stock award
1,391 shares
Common Stock grant for director service at $17.97 per share
Award price
$17.97 per share
Grant of 1,391 Common Stock shares
Direct Common Stock holdings
79,149 shares
Total Common Stock directly held after award
Option at $14.69
1,455 underlying shares
Stock Option (Right to Buy), expiration 2033-12-28
Option at $17.95
750 underlying shares
Stock Option (Right to Buy), expiration 2031-12-30
Option at $32.60
1,000 underlying shares
Stock Option (Right to Buy), expiration 2029-12-26
Option at $38.51
1,000 underlying shares
Stock Option (Right to Buy), expiration 2027-12-27
Option at $31.55
1,000 underlying shares
Stock Option (Right to Buy), expiration 2026-12-29
Key Terms
Stock Option (Right to Buy), beneficial interest, trustee, Equity and Incentive Awards Plan, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with underlying Common Stock"
beneficial interest financial
"The undersigned disclaims any beneficial interest in shares owned by his wife, children, and foundations."
Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.
trustee financial
"nature_of_ownership: "As trustee for PLM Foundation" describing indirect holdings"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
Equity and Incentive Awards Plan financial
"Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the A-code transaction"
FAQ
What did Marcus Corp (MCS) director Philip L. Milstein report on this Form 4?
He reported an equity award and updated share and option holdings. The filing shows a new grant of 1,391 Marcus Corp Common Stock shares and several existing stock option positions with various exercise prices and expiration dates.
What are Philip L. Milstein’s direct Common Stock holdings in Marcus Corp (MCS) after the award?
After the reported grant, he directly holds 79,149 shares of Marcus Corp Common Stock. This figure reflects his position as of the transaction date and excludes various indirect holdings held in trust capacities described in the Form 4 footnotes.
How are Philip L. Milstein’s indirect Marcus Corp (MCS) holdings characterized?
Indirect holdings are reported as held by him as trustee for the PLM Foundation and co‑trustee for the SVM Foundation. A footnote states he disclaims any beneficial interest in shares owned by his wife, children, and those foundation-related holdings.