Marcus & Millichap (MMI) SVP settles 9,697 RSUs, covers taxes

Rhea-AI Filing Summary

Marcus & Millichap, Inc. SVP & Chief Client Officer Gregory A. LaBerge reported the settlement of multiple restricted stock unit (RSU) awards on March 10, 2026. He exercised derivative RSU positions to receive a total of 9,697 shares of common stock, reflecting routine equity compensation vesting.

To cover related withholding taxes, 3,466 shares were disposed of at a price of $26.43 per share, with no open-market sales. Following these transactions, LaBerge holds 6,231 shares of common stock directly and 9,073 shares indirectly through a trust, indicating he retained a meaningful equity stake.

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

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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^*

LaBerge Gregory A.

(Last) (First) (Middle)

C/O MARCUS & MILLICHAP, INC.

23975 PARK SORRENTO, SUITE 400

(Street)

CALABASAS CA 91302

(City) (State) (Zip)

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)
	SVP & Chief Client Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/10/2026		M		1,238	A	(1)	1,238	D
Common Stock	03/10/2026		F(2)		442	D	$26.43	796	D
Common Stock	03/10/2026		M		769	A	(1)	1,565	D
Common Stock	03/10/2026		F(2)		275	D	$26.43	1,290	D
Common Stock	03/10/2026		M		1,020	A	(1)	2,310	D
Common Stock	03/10/2026		F(2)		365	D	$26.43	1,945	D
Common Stock	03/10/2026		M		5,352	A	(1)	7,297	D
Common Stock	03/10/2026		F(2)		1,912	D	$26.43	5,385	D
Common Stock	03/10/2026		M		1,318	A	(1)	6,703	D
Common Stock	03/10/2026		F(2)		472	D	$26.43	6,231	D
Common Stock								9,073	I	By Trust(3)

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)	03/10/2026		M			1,020	(4)	02/11/2031	Common Stock	1,020	$0	0	D
Restricted Stock Units	(1)	03/10/2026		M			5,352	(5)	02/10/2032	Common Stock	5,352	$0	5,358	D
Restricted Stock Units	(1)	03/10/2026		M			1,318	(6)	02/09/2033	Common Stock	1,318	$0	2,636	D
Restricted Stock Units	(1)	03/10/2026		M			1,238	(7)	02/08/2034	Common Stock	1,238	$0	3,718	D
Restricted Stock Units	(1)	03/10/2026		M			769	(8)	02/06/2035	Common Stock	769	$0	2,310	D

Explanation of Responses:

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

2. 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 March 10, 2026.

3. Shares held by the Gregory & Meredith LaBerge TTEE Gregory A. LaBerge Trust.

4. The restricted stock units vest in five equal annual installments beginning March 10, 2022.

5. The restricted stock units vest in five equal annual installments beginning March 10, 2023.

6. The restricted stock units vest in five equal annual installments beginning March 10, 2024.

7. The restricted stock units vest in five equal annual installments beginning March 10, 2025.

8. The restricted stock units vest in four equal annual installments beginning March 10, 2026.

	/s/ Gregory A. LaBerge	03/12/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did MMI executive Gregory LaBerge report on this Form 4?

Gregory LaBerge reported settling multiple restricted stock unit awards into common shares. On March 10, 2026, he exercised RSUs to receive 9,697 Marcus & Millichap common shares as part of his equity compensation, rather than buying shares on the open market.

How many Marcus & Millichap (MMI) shares did Gregory LaBerge retain after the RSU settlements?

After the RSU settlements, LaBerge held 6,231 shares directly and 9,073 shares indirectly. The indirect holdings are in a trust identified in the filing. These figures show his total reported equity position as of the transactions’ completion date.

Were any of Gregory LaBerge’s MMI transactions open-market sales or purchases?

No, the Form 4 shows RSU exercises and tax-withholding dispositions only. All dispositions used transaction code F, meaning shares were withheld at $26.43 per share to cover tax obligations from RSU vesting, not sold in discretionary open-market trades.

How many Marcus & Millichap RSU shares were used to pay LaBerge’s taxes?

A total of 3,466 Marcus & Millichap shares were withheld for taxes. These shares were valued at a transaction price of $26.43 per share and were delivered back to the issuer to satisfy withholding tax liabilities from the RSU settlements.

What does the Form 4 reveal about LaBerge’s remaining derivative positions in MMI?

The filing’s derivative summary shows no remaining derivative positions after these exercises. RSUs reported as derivative securities were converted into common stock, indicating the covered awards have fully settled based on the information included in this report.

How are LaBerge’s indirect Marcus & Millichap holdings structured according to the filing?

The filing attributes 9,073 indirectly held MMI shares to a trust. Footnotes state these shares are held by the Gregory & Meredith LaBerge TTEE Gregory A. LaBerge Trust, clarifying that part of his reported ownership is through this trust arrangement.