Marcus & Millichap (MMI) awards 7,500 RSUs to Chief Accounting Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
De Bosschere Fabrice reported acquisition or exercise transactions in this Form 4 filing.
Marcus & Millichap, Inc. granted Chief Accounting Officer Fabrice De Bosschere 7,500 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the company’s common stock. The RSUs vest in five equal annual installments beginning on June 10, 2027, tying compensation to longer-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
De Bosschere Fabrice
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,500 shares (Direct, null)
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 five equal annual installments beginning June 10, 2027.
Key Figures
RSUs granted: 7,500 units
Underlying common shares: 7,500 shares
Grant price per RSU: $0.00 per unit
+3 more
6 metrics
RSUs granted
7,500 units
Restricted stock units awarded to Chief Accounting Officer
Underlying common shares
7,500 shares
Each RSU represents right to one common share
Grant price per RSU
$0.00 per unit
Compensation grant, not an open-market purchase
Vesting structure
5 equal annual installments
Vesting begins June 10, 2027
Holdings after grant
7,500 RSUs
Total derivative holdings shown following transaction
Initial vesting date
June 10, 2027
First installment of RSU vesting
Key Terms
Restricted Stock Units, contingent right, vest in five equal annual installments
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
vest in five equal annual installments financial
"The restricted stock units vest in five equal annual installments beginning June 10, 2027."
FAQ
What insider transaction did Marcus & Millichap (MMI) report for Fabrice De Bosschere?
Marcus & Millichap reported that Chief Accounting Officer Fabrice De Bosschere received a grant of 7,500 restricted stock units (RSUs). These RSUs are a stock-based award, not an open-market trade, and give him a right to receive common shares in the future.
How many restricted stock units were granted in this MMI Form 4 filing?
The filing shows a grant of 7,500 restricted stock units to Fabrice De Bosschere. Each RSU represents a contingent right to receive one share of Marcus & Millichap common stock, subject to the vesting schedule disclosed in the footnotes to the transaction.
What is the vesting schedule for the 7,500 RSUs granted by Marcus & Millichap (MMI)?
The 7,500 RSUs vest in five equal annual installments starting on June 10, 2027. This means one-fifth of the award becomes deliverable as common stock each year, aligning the officer’s equity compensation with multi-year company performance and continued service.
Is the Marcus & Millichap (MMI) RSU grant to Fabrice De Bosschere an open-market purchase?
No. The transaction is coded as a grant or award, not an open-market purchase or sale. The RSUs were awarded at a reported price of $0.00 per unit, reflecting compensation rather than a cash investment by the officer in company shares.
What position does Fabrice De Bosschere hold at Marcus & Millichap (MMI) in this Form 4?
Fabrice De Bosschere is identified as the company’s Chief Accounting Officer. The Form 4 reports his acquisition of 7,500 RSUs as a compensation-related equity award, with the resulting derivative holdings shown as 7,500 units following the reported transaction.