Director McClanahan (MMI) receives 2,698-share stock award and holds 36K+
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus & Millichap director Nicholas F. McClanahan reported a stock grant. He received an award of 2,698 shares of Common Stock at a price of $27.79 per share, characterized as a grant, award, or other acquisition.
These granted shares shall vest on the first anniversary of the grant date. Following this transaction, McClanahan directly holds 7,472 shares of Common Stock. Separately, the Nicholas F. McClanahan Trust U/A 8/12/2015 holds 28,767 shares, over which he, as trustee, may be deemed to have beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McClanahan Nicholas F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,698 | $27.79 | $75K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,472 shares (Direct, null);
Common Stock — 28,767 shares (Indirect, By Trust)
Footnotes (1)
- The shares shall vest on the first anniversary of the date of grant. The Nicholas F. McClanahan Trust U/A 8/12/2015 holds the shares and Mr. McClanahan, as trustee, may be deemed to have beneficial ownership over these shares.
Key Figures
Stock grant size: 2,698 shares
Grant price per share: $27.79 per share
Direct holdings after grant: 7,472 shares
+1 more
4 metrics
Stock grant size
2,698 shares
Common Stock grant to Nicholas F. McClanahan
Grant price per share
$27.79 per share
Value assigned to the 2,698-share award
Direct holdings after grant
7,472 shares
Common Stock directly held by McClanahan after transaction
Trust-held shares
28,767 shares
Shares held by the Nicholas F. McClanahan Trust U/A 8/12/2015
Key Terms
Grant, award, or other acquisition, Common Stock, beneficial ownership, Trust
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock for the reported transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial ownership financial
"may be deemed to have beneficial ownership over these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Trust financial
"The Nicholas F. McClanahan Trust U/A 8/12/2015 holds the shares"