Marcus & Millichap (MMI) EVP & COO awarded 19,218 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus & Millichap EVP & COO John David Parker reported an equity award of 19,218 restricted stock units on the company’s stock. The grant was made on February 10, 2026 and is held as a derivative security directly in his name.
Each restricted stock unit represents the right to receive one share of Marcus & Millichap common stock in the future. The award vests in four equal annual installments beginning on March 10, 2027, meaning the units convert into shares over time as service-based conditions are met.
Positive
- None.
Negative
- None.
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 | 19,218 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 19,218 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in four equal annual installments beginning March 10, 2027.
FAQ
What insider transaction did MMI EVP & COO John David Parker report?
John David Parker reported receiving 19,218 restricted stock units tied to Marcus & Millichap common stock. The award was granted on February 10, 2026 and is classified as a derivative security held directly in his name as part of his compensation.
How many Marcus & Millichap (MMI) restricted stock units were granted in this filing?
The filing shows a grant of 19,218 restricted stock units to John David Parker. Each unit represents a contingent right to one share of Marcus & Millichap common stock, giving him potential future ownership as the units vest over time.
When do John David Parker’s 19,218 MMI restricted stock units start vesting?
The 19,218 restricted stock units begin vesting on March 10, 2027. They vest in four equal annual installments starting on that date, meaning portions of the award convert into common shares each year, assuming the vesting conditions continue to be satisfied.
What does each MMI restricted stock unit in this Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of Marcus & Millichap common stock. The units do not immediately deliver shares; instead, they convert into common stock as the specified vesting schedule is met over future years.
Is the MMI Form 4 transaction a stock purchase or an equity award?
The Form 4 reflects an equity award, not an open-market stock purchase. It is coded as an acquisition from a grant, meaning the 19,218 restricted stock units were awarded to John David Parker as compensation rather than bought or sold in the market.
How many derivative securities does John David Parker hold after this MMI transaction?
After the reported transaction, John David Parker beneficially owns 19,218 derivative securities in the form of restricted stock units. This figure matches the size of the newly granted award and is reported as directly held in the Form 4 filing.