Marcus & Millichap (NYSE: MMI) CEO gifts 945 shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 945 shares
Net Sell
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)
- 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
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
