Marcus & Millichap director granted 2,698 MMI shares

MARCUS GEORGE M reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

MARCUS GEORGE M reported acquisition or exercise transactions in this Form 4 filing.

Marcus & Millichap, Inc. director and 10% owner George M. Marcus reported a stock award and his holdings. He received a grant of 2,698 shares of common stock at $27.79 per share, which vest on the first anniversary of the grant date, bringing his directly held shares to 36,239.

He also reports indirect ownership of 14,128,075 shares of common stock through Phoenix, an entity over which he has voting and investment power via Ionian Investments Manager LLC.

Insider Trade Summary

Grant/Award: 2,698 shares

Grant/Award 2 txns

Insider MARCUS GEORGE M

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,698	$27.79	$75K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 36,239 shares (Direct); Common Stock — 14,128,075 shares (Indirect, By LLC)

Footnotes (2)

1. F1. The shares shall vest on the first anniversary of the date of grant.
2. F2. Mr. Marcus is the sole member and manager of Ionian Investments Manager LLC, which is the member manager of Phoenix. Mr. Marcus has voting and investment power with respect to the shares held by Phoenix.

Key Figures

Stock grant: 2,698 shares Grant price: $27.79 per share Direct holdings after grant: 36,239 shares +2 more

5 metrics

Stock grant 2,698 shares Common stock award to George M. Marcus

Grant price $27.79 per share Value used for 2,698-share award

Direct holdings after grant 36,239 shares Common stock directly owned after transaction

Indirect holdings 14,128,075 shares Common stock held indirectly through Phoenix

Vesting period 1 year Shares vest on first anniversary of grant

Key Terms

Form 4, Grant, award, or other acquisition, indirect ownership, voting and investment power, +1 more

5 terms

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

indirect ownership financial

""ownership_type": "indirect""

voting and investment power financial

"Mr. Marcus has voting and investment power with respect to the shares"

vest financial

"The shares shall vest on the first anniversary of the date of grant."

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.

FAQ

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

What did George M. Marcus report in this Marcus & Millichap (MMI) Form 4?

George M. Marcus reported a new stock award and his updated holdings. He received 2,698 shares of Marcus & Millichap common stock as a grant and disclosed both his direct and large indirect ownership positions in the company’s shares.

How many Marcus & Millichap (MMI) shares were granted to George M. Marcus?

He received a grant of 2,698 shares of Marcus & Millichap common stock. The award is compensation-related, not an open-market purchase, and increases his directly held position to 36,239 shares following the transaction reported in this Form 4 filing.

At what price was the Marcus & Millichap (MMI) stock award recorded?

The stock award was recorded at $27.79 per share. This price reflects the value used for the 2,698-share grant reported, helping investors understand the compensation value associated with the common stock awarded to George M. Marcus in this filing.

When do the newly granted Marcus & Millichap (MMI) shares vest for George M. Marcus?

The granted shares vest on the first anniversary of the grant date. This means George M. Marcus must satisfy the one-year vesting condition before the 2,698 awarded shares are fully earned and become unrestricted under the terms described.

How many Marcus & Millichap (MMI) shares does George M. Marcus hold directly after this filing?

After the reported grant, he directly holds 36,239 shares of Marcus & Millichap common stock. This figure reflects his personal, direct ownership and excludes his much larger indirect holdings reported through an affiliated entity in the same Form 4.

What indirect Marcus & Millichap (MMI) holdings are associated with George M. Marcus?

He reports indirect ownership of 14,128,075 shares of common stock held by Phoenix. Through Ionian Investments Manager LLC, where he is sole member and manager, he has voting and investment power over those Phoenix-held Marcus & Millichap shares.

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

Accepted by SEC EDGAR 05/04/2026 - 07:35 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^*

MARCUS GEORGE M

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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	04/30/2026		A		2,698(1)	A	$27.79	36,239	D
Common Stock								14,128,075	I	By LLC(2)

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. The shares shall vest on the first anniversary of the date of grant.

2. Mr. Marcus is the sole member and manager of Ionian Investments Manager LLC, which is the member manager of Phoenix. Mr. Marcus has voting and investment power with respect to the shares held by Phoenix.

	/s/ George M. Marcus	05/04/2026
	** 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)