Marcus & Millichap CEO gifts 945 company shares

Marcus & Millichap, Inc. (MMI) reported that Chief Executive Officer and director Hessam Nadji made a bona fide gift of 945 shares of common stock on 2026-08-14.

Rhea-AI Filing Summary

Marcus & Millichap, Inc. (MMI) reported that Chief Executive Officer and director Hessam Nadji made a bona fide gift of 945 shares of common stock on 2026-08-14. The shares were transferred at a reported price of $0.00 per share. Following this gift, he directly holds 299,982 shares of MMI common stock. An additional 480 shares are reported as held indirectly by his adult son residing in his household, with Nadji disclaiming beneficial ownership of those indirect shares.

Insider Trade Summary

945 shares gifted

Gift 2 txns

Insider Nadji Hessam

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Gift	Common Stock	945	$0.00	$0.00
holding	Common Stock F1	--	--	--

Holdings After Transaction: Common Stock — 299,982 shares (Direct); Common Stock — 480 shares (Indirect, By: Son)

Footnotes (1)

1. F1. Shares owned by the reporting person's adult son, who is currently residing in the reporting person's household. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

Key Figures

Shares gifted: 945 shares Price per share for gift: $0.00 per share Direct holdings after transaction: 299,982 shares +2 more

5 metrics

Shares gifted 945 shares Bona fide gift of common stock on 2026-08-14

Price per share for gift $0.00 per share Reported transaction price for the 945-share gift

Direct holdings after transaction 299,982 shares Common stock directly owned by Hessam Nadji following the gift

Indirect holdings (son) 480 shares Common stock held by adult son residing in reporting person's household

Gift transactions count 1 Number of bona fide gift transactions reported in this Form 4

Key Terms

bona fide gift, beneficial ownership, Section 16, indirect ownership

4 terms

bona fide gift financial

"The transaction code G indicates a bona fide gift of shares."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

beneficial ownership financial

"The reporting person disclaims beneficial ownership of the son’s 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.

Section 16 regulatory

"Beneficial owner status is disclaimed for purposes of Section 16 reporting."

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

indirect ownership financial

"480 shares are reported as indirect ownership by the reporting person’s son."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MMI CEO Hessam Nadji report on this Form 4?

Hessam Nadji reported a bona fide gift of 945 shares of Marcus & Millichap common stock on 2026-08-14. The transaction was coded as a gift, not an open-market sale or purchase.

How many Marcus & Millichap (MMI) shares does Hessam Nadji hold after this transaction?

After the reported gift, Hessam Nadji directly holds 299,982 shares of MMI common stock. The filing also notes 480 shares held indirectly by his adult son, for which Nadji disclaims beneficial ownership.

Was the MMI CEO’s reported Form 4 transaction a sale or a gift?

The Form 4 reports a bona fide gift of 945 shares, not a sale. The transaction code is G, which indicates a gift disposition under Section 16 reporting rules rather than a market trade.

At what price were the gifted MMI shares reported in the Form 4?

The 945 gifted shares of Marcus & Millichap common stock were reported at a per-share price of $0.00. This reflects that the transfer was a gift, not a purchase or sale for value.

How many Marcus & Millichap (MMI) shares are reported as indirectly owned by the CEO’s son?

The filing lists 480 shares of MMI common stock as indirectly owned, held by Hessam Nadji’s adult son in his household. The CEO disclaims beneficial ownership of these shares in the footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/18/2026 - 06:34 PM Accepted by SEC EDGAR 08/18/2026 - 06:33 PM Learn about SEC filing dates

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^*

Nadji Hessam

(Last) (First) (Middle)

C/O MARCUS & MILLICHAP, INC.

23975 PARK SORRENTO, SUITE 400

(Street)

CALABASAS CALIFORNIA 91302

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Marcus & Millichap, Inc. [ MMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/14/2026		G		945	D	$0	299,982	D
Common Stock								480	I	By: Son(1)

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

Explanation of Responses:

1. Shares owned by the reporting person's adult son, who is currently residing in the reporting person's household. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

	/s/ Steven DeGennaro as attorney-in-fact for Hessam Nadji	08/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)