Marcus & Millichap (MMI) CFO exercises 1,500 RSUs, with 761 shares withheld for taxes

Rhea-AI Filing Summary

Marcus & Millichap, Inc. EVP and CFO Steven F. DeGennaro reported an equity compensation transaction. On August 10, 2026, he exercised 1,500 restricted stock units, receiving the same number of shares of common stock. In connection with this vesting, 761 shares of common stock were withheld by the company to pay withholding tax liability, based on the $30.67 closing sale price on that date. The exercised restricted stock units now show zero remaining units, and a footnote states that his holdings include 880 shares purchased under the Employee Stock Purchase Plan.

Insider Trade Summary

Net Buyer: 739 shares

Net Buy 3 txns

Insider DeGennaro Steven F.

Role EVP and CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F1, F4	1,500	$0.00	$0.00
Exercise	Common Stock F1	1,500	--	--
Tax Withholding	Common Stock F2, F3	761	$30.67	$23K

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 42,709 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
2. 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.
3. F3. Includes 880 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
4. F4. The restricted stock units vest in five equal annual installments beginning August 10, 2021.

Key Figures

RSUs exercised: 1,500 units Shares withheld for taxes: 761 shares Tax withholding share price: $30.67 per share +2 more

5 metrics

RSUs exercised 1,500 units Restricted stock units converted into common stock on August 10, 2026

Shares withheld for taxes 761 shares Common shares withheld to pay withholding tax liability on RSU settlement

Tax withholding share price $30.67 per share Closing sale price on August 10, 2026 used to calculate shares withheld

ESPP shares held 880 shares Common stock purchased under the Employee Stock Purchase Plan as referenced in a footnote

Remaining RSUs from this award 0 units Restricted stock units following the reported exercise of 1,500 units

Key Terms

Restricted Stock Unit, withholding tax liability, Employee Stock Purchase Plan, vest in five equal annual installments

4 terms

Restricted Stock Unit financial

"Each restricted stock unit represents a contingent right to receive one share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

withholding tax liability financial

"Shares withheld by the Issuer in payment of the withholding tax liability incurred"

Employee Stock Purchase Plan financial

"Includes 880 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.

vest in five equal annual installments financial

"The restricted stock units vest in five equal annual installments beginning August 10, 2021"

FAQ

What did MMI EVP and CFO Steven DeGennaro report in this Form 4?

Steven F. DeGennaro reported exercising 1,500 restricted stock units, receiving the same number of MMI common shares. In connection with this vesting, some shares were withheld to cover tax liabilities, and the RSU award now has no remaining units.

How many Marcus & Millichap (MMI) RSUs did Steven DeGennaro exercise?

He exercised 1,500 restricted stock units, with each unit converting into one share of MMI common stock. A footnote clarifies that each RSU represents a contingent right to receive one share of the issuer’s common stock upon vesting.

How many MMI shares were withheld for taxes in DeGennaro’s Form 4?

The company withheld 761 shares of MMI common stock to pay DeGennaro’s withholding tax liability. The number of shares withheld was based on the $30.67 closing sale price on August 10, 2026, the vesting date.

At what price were MMI shares valued for the tax withholding in this Form 4?

The tax-withholding shares were valued at $30.67 per share, the closing sale price on August 10, 2026. This price was used solely to determine how many shares to withhold to satisfy the withholding tax liability from RSU settlement.

Does Steven DeGennaro still hold any Marcus & Millichap RSUs after this transaction?

The reported restricted stock unit position shows 0 units remaining for this award after the August 10, 2026 exercise. A related footnote explains that these RSUs vested in five equal annual installments beginning August 10, 2021.

What additional MMI shares does Steven DeGennaro hold via the Employee Stock Purchase Plan?

A footnote states that his holdings include 880 shares of MMI common stock purchased under the Employee Stock Purchase Plan. The filing does not change that ESPP position; it is part of the total common stock holdings referenced.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 05:16 PM Accepted by SEC EDGAR 08/12/2026 - 05:16 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^*

DeGennaro Steven F.

(Last) (First) (Middle)

C/O MARCUS & MILLICHAP, INC.

23975 PARK SORRENTO

(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 and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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	08/10/2026		M		1,500	A	(1)	42,590	D
Common Stock	08/10/2026		F(2)		761	D	$30.67	42,709(3)	D

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 Unit	(1)	08/10/2026		M			1,500	(4)	(4)	Common Stock	0	$0	0	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 August 10, 2026.

3. Includes 880 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.

4. The restricted stock units vest in five equal annual installments beginning August 10, 2021.

	/s/ Steven F. DeGennaro	08/12/2026
	** 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)