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Marcus Corp (MCS) senior counsel sells 25,000 shares at $17.32

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Marcus Corp senior executive Thomas F. Kissinger reported an open-market sale of 25,000 shares of Common Stock at $17.32 per share on March 6, 2026. After this transaction, he directly holds 199,700 Common shares.

He also has indirect Common Stock holdings through dividend reinvestment and 401(k) plans, and retains multiple stock options granted between 2017 and 2023 with various exercise prices and expirations.

Positive

  • None.

Negative

  • None.
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
Estimated average burden
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*
KISSINGER THOMAS F

(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
X Officer (give title below) Other (specify below)
Sr Exec VP, Gen Counsel & Secy
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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 03/06/2026 S 25,000 D $17.32 199,700 D
Common Stock 547 I By Plan(1)
Common Stock 1,581(2) I By 401(k) Plan
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
Stock Option (right to buy) (granted 2/28/17) $31.2 (3) 02/28/2027 Common Stock 17,000 17,000 D
Stock Option (right to buy) (granted 2/27/18) $27 (3) 02/27/2028 Common Stock 24,400 24,400 D
Stock Option (right to buy) (granted 2/26/19) $41.9 (3) 02/26/2029 Common Stock 23,400 23,400 D
Stock Option (right to buy) (granted 2/25/20) $28.88 (3) 02/25/2030 Common Stock 39,000 39,000 D
Stock Option (right to buy) (granted 3/9/21) $21.84 (3) 03/09/2031 Common Stock 47,100 47,100 D
Stock Option (right to buy) (granted 3/8/22) $17.04 (4) 03/08/2032 Common Stock 50,000 50,000 D
Stock Option (right to buy) (granted 3/7/23) $15.99 (4) 03/07/2033 Common Stock 56,600 56,600 D
Explanation of Responses:
1. By Dividend Reinvestment and Associate Stock Purchase Plan
2. Balance reflects the most current data available with regard to the reporting person's holdings in the 401(k) Plan.
3. 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.
4. 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.
/s/ Steven R. Barth, Attorney-in-Fact for Thomas F. Kissinger 03/10/2026
** 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 MCS executive Thomas F. Kissinger report?

Thomas F. Kissinger reported an open-market sale of 25,000 Marcus Corp (MCS) Common Stock shares at $17.32 per share on March 6, 2026. The filing shows this as a sale in the open market or a private transaction under transaction code S.

How many Marcus Corp (MCS) shares does Thomas F. Kissinger hold after the sale?

After selling 25,000 shares, Thomas F. Kissinger directly holds 199,700 Marcus Corp (MCS) Common Stock shares. The Form 4 also lists smaller indirect holdings through a dividend reinvestment and associate stock purchase plan and a 401(k) plan, which are reported separately from his direct position.

At what price did Thomas F. Kissinger sell Marcus Corp (MCS) shares?

He sold 25,000 Marcus Corp (MCS) Common Stock shares at an average price of $17.32 per share. The transaction is classified as an open-market or private sale under code S, indicating it was not related to option exercises or tax withholding in this filing.

What stock options in Marcus Corp (MCS) does Thomas F. Kissinger still hold?

He holds several stock option awards to buy Marcus Corp (MCS) Common Stock granted from 2017 through 2023. These options have exercise prices ranging from $15.99 to $41.90 per share and expiration dates between 2027 and 2033, all reported as directly owned.

Does the Form 4 show any Marcus Corp (MCS) option exercises by Thomas F. Kissinger?

The Form 4 does not report any option exercises; it shows one open-market sale of Common Stock and multiple stock option positions as holdings. The derivative section lists unexercised options with their exercise prices and expiration dates but no transactions coded as exercises in this filing.

What indirect Marcus Corp (MCS) holdings does Thomas F. Kissinger report?

He reports indirect ownership of Common Stock through a Dividend Reinvestment and Associate Stock Purchase Plan and a 401(k) plan. The filing notes that the 401(k) balance reflects the most current data available, indicating these plan-based positions are updated as plan information becomes available.
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