Marcus & Millichap (MMI) COO receives 20,000 restricted stock units in equity grant

Rhea-AI Filing Summary

Parker John David reported acquisition or exercise transactions in this Form 4 filing.

Marcus & Millichap EVP & COO John David Parker received a grant of 20,000 restricted stock units tied to the company’s common stock. Each unit represents a contingent right to one share of common stock, providing equity-based compensation rather than a market purchase or sale.

The restricted stock units vest in five equal annual installments beginning on June 10, 2027, meaning the award is earned gradually over time. Following this grant, Parker holds 20,000 restricted stock units directly, aligning his compensation more closely with long-term shareholder value.

Insights

Equity compensation analyst

Routine RSU grant aligns COO pay with long-term equity.

The filing shows EVP & COO John David Parker receiving 20,000 restricted stock units as a compensation award, not an open-market trade. Each unit equals one share of common stock, reinforcing long-term equity incentives rather than signaling a change in his cash position.

The RSUs vest in five equal annual installments starting on June 10, 2027, encouraging retention and long-term performance. With 20,000 restricted stock units reported as held after the grant and no associated sales, this looks like a standard executive equity award with neutral short-term market impact.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Parker John David

Role EVP & COO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	20,000	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 20,000 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
2. F2. The restricted stock units vest in five equal annual installments beginning June 10, 2027

Key Figures

RSUs granted: 20,000 units Grant price per unit: $0.00 Underlying shares: 20,000 shares +2 more

5 metrics

RSUs granted 20,000 units Restricted stock units granted to EVP & COO on May 4, 2026

Grant price per unit $0.00 Reported transaction price per restricted stock unit

Underlying shares 20,000 shares Common stock underlying the restricted stock units

Post-grant RSU holdings 20,000 units Total restricted stock units held after the transaction

Vesting schedule 5 equal annual installments Vesting begins June 10, 2027 for RSU grant

Key Terms

Restricted Stock Units, contingent right, vest, underlying security

4 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 financial

"The restricted stock units vest in five equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

underlying security financial

"underlying_security_title: Common Stock; underlying_security_shares: 20000.0000"

FAQ

What did Marcus & Millichap (MMI) EVP & COO John David Parker report on this Form 4?

He reported receiving a grant of 20,000 restricted stock units as equity compensation. These units are linked to Marcus & Millichap common stock and represent a contingent right to receive shares, rather than an open-market stock purchase or sale.

How many Marcus & Millichap (MMI) restricted stock units were granted to the COO?

The COO was granted 20,000 restricted stock units. Each restricted stock unit corresponds to one share of Marcus & Millichap common stock, giving him a future right to receive up to 20,000 shares as the award vests over time.

When do John David Parker’s Marcus & Millichap (MMI) RSUs start vesting?

The restricted stock units begin vesting on June 10, 2027. Vesting occurs in five equal annual installments starting on that date, so portions of the 20,000-unit award become earned each year over the full vesting schedule.

Does this Marcus & Millichap (MMI) Form 4 show any stock being sold or bought on the market?

No, the filing reflects a grant of restricted stock units as compensation, not a market trade. The transaction code is a grant or award, with zero price per unit, so there is no open-market buying or selling disclosed here.

How many Marcus & Millichap (MMI) restricted stock units does the COO hold after this grant?

After the reported grant, John David Parker holds 20,000 restricted stock units directly. These units convert into Marcus & Millichap common shares only as they vest under the five-year schedule beginning June 10, 2027.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/06/2026 - 09:12 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^*

Parker John David

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

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
Restricted Stock Units	(1)	05/04/2026		A		20,000		(2)	(2)	Common Stock	20,000	$0	20,000	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

2. The restricted stock units vest in five equal annual installments beginning June 10, 2027

	/s/ Steven DeGennaro as attorney-in-fact for John David Parker	05/06/2026
	** 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)