CFO of Marcus & Millichap (NYSE: MMI) awarded 16,026 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus & Millichap EVP and CFO Steven F. DeGennaro reported an equity award of 16,026 restricted stock units. The units were granted on February 10, 2026 at a price of $0 per unit, reflecting compensation rather than an open-market purchase. Each unit represents one share of common stock and vests in four equal annual installments beginning March 10, 2027, linking a portion of his future compensation to the company’s long-term share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeGennaro Steven F.
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,026 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 16,026 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in four equal annual installments beginning March 10, 2027.
FAQ
What insider transaction did MMI EVP and CFO Steven DeGennaro report?
Steven DeGennaro reported receiving 16,026 restricted stock units in Marcus & Millichap stock. The award was granted as equity compensation at a price of $0 per unit, rather than through an open-market purchase of existing shares.
When do Steven DeGennaro’s newly granted MMI restricted stock units vest?
The 16,026 restricted stock units granted to Steven DeGennaro vest in four equal annual installments. Vesting begins on March 10, 2027, meaning one-quarter of the units will convert into common shares on that date and on each of the next three anniversaries.
How many MMI derivative securities does Steven DeGennaro hold after this Form 4?
After the reported grant, Steven DeGennaro beneficially owns 16,026 restricted stock units directly. Each unit represents a contingent right to receive one share of Marcus & Millichap common stock, subject to the time-based vesting schedule described in the filing.
What type of security did MMI grant to EVP and CFO Steven DeGennaro?
Marcus & Millichap granted restricted stock units to EVP and CFO Steven DeGennaro. Each unit gives a contingent right to receive one share of the company’s common stock, aligning part of his compensation with future stock performance as the units vest over time.
Was Steven DeGennaro’s MMI Form 4 transaction a purchase or an award?
The Form 4 reflects an award of restricted stock units, not a market purchase or sale. The transaction code is “A” for an acquisition by grant, with the award priced at $0 per unit as part of his compensation package.