Marcus & Millichap (MMI) COO reports 2,808 RSUs vest, 1,434 shares withheld
Rhea-AI Filing Summary
Marcus & Millichap, Inc. executive John David Parker reported the settlement of 2,808 Restricted Stock Units into an equal number of shares of Common Stock on August 10, 2026. In connection with this vesting, 1,434 shares of Common Stock were withheld at $30.67 per share to satisfy withholding tax liabilities, with the remaining shares retained. The RSUs are described as vesting in five equal annual installments beginning August 10, 2026, and the filing indicates the transactions were not executed under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,374 shares
Net Buy
3 txns
Insider
Parker John David
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4 | 2,808 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,808 | -- | -- |
| Tax Withholding | Common Stock F2, F3 | 1,434 | $30.67 | $44K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 43,310 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. Shares withheld by the Issuer in payment of the withholding tax liability incurred upon the above-reported settlements of RSUs. The amount of shares withheld is based on the closing sale price on August 10, 2026.
- F3. Includes 474 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
- F4. The restricted stock units vest in five equal annual installments beginning August 10, 2026.
Key Figures
RSUs settled: 2,808 shares
Shares withheld for taxes: 1,434 shares
Tax withholding price: $30.67 per share
+2 more
5 metrics
RSUs settled
2,808 shares
Restricted Stock Units converted into Common Stock on August 10, 2026
Shares withheld for taxes
1,434 shares
Common Stock withheld to satisfy withholding tax liability at vesting
Tax withholding price
$30.67 per share
Closing sale price on August 10, 2026 used to determine shares withheld
RSU-to-share ratio
1 RSU : 1 share
Each restricted stock unit represents one share of common stock
Vesting schedule
Five equal annual installments
RSUs vest annually beginning August 10, 2026
Key Terms
Restricted Stock Units, withholding tax liability, Employee Stock Purchase Plan, Rule 10b5-1 trading plan
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.
withholding tax liability financial
"Shares withheld by the Issuer in payment of the withholding tax liability"
Employee Stock Purchase Plan financial
"Includes 474 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 10b5-1 trading plan regulatory
"The Rule 10b5-1 checkbox is not affirmed for these transactions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What did Marcus & Millichap (MMI) EVP & COO John David Parker report in this Form 4?
John David Parker reported the settlement of 2,808 Restricted Stock Units into 2,808 shares of Marcus & Millichap Common Stock on August 10, 2026, reflecting routine equity compensation vesting activity.
What is the vesting schedule for John David Parker’s RSUs at Marcus & Millichap (MMI)?
A footnote explains the restricted stock units vest in five equal annual installments starting on August 10, 2026, meaning portions of the award become deliverable as stock over five years.
Were Parker’s Marcus & Millichap (MMI) transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions are not reported as executed under a pre-arranged Rule 10b5-1 trading plan.
Does John David Parker’s Form 4 for Marcus & Millichap (MMI) include any market stock sales?
No open-market sales are reported. The filing shows RSU settlement into Common Stock and shares withheld to cover tax liabilities, rather than discretionary share sales into the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
