Marcus Corp (NYSE: MCS) director granted 1,391 shares and updates option holdings
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marcus Corp director Philip L. Milstein reported an amended Form 4 showing an equity award and updated holdings. On 2026-05-21, he received a grant of 1,391 shares of common stock at $17.97 per share as consideration for service as a director under The Marcus Corporation 2004 Equity and Incentive Awards Plan, bringing his directly held common stock to 79,149 shares. The filing also lists multiple indirect holdings in common stock in his capacity as trustee for the PLM Foundation, for which he disclaims any beneficial interest, and details outstanding stock options with exercise prices between $14.25 and $38.51 expiring between 2026-12-29 and 2033-12-28. The amendment states it was filed solely to correct previously reported underlying securities that were reported in dollars instead of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
MILSTEIN PHILIP L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,391 | $17.97 | $25K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,149 shares (Direct, null);
Stock Option (Right to Buy) — 1,000 shares (Direct, null);
Common Stock — 10,244 shares (Indirect, As trustee for PLM Foundation)
Footnotes (1)
- Granted by Issuer in consideration of service as a director. The undersigned disclaims any beneficial interest in shares owned by his wife, children, held by him as trustee for PLM Foundation, or held by him as co-trustee for SVM Foundation. Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan. Amending solely to correct previously reported Underlying Securities reported in dollars to be reported in shares.
Key Figures
Director share grant: 1,391 shares
Grant price: $17.97 per share
Direct common shares after grant: 79,149 shares
+5 more
8 metrics
Director share grant
1,391 shares
Common Stock grant on May 21, 2026 for director service
Grant price
$17.97 per share
Price used for 1,391-share common stock award
Direct common shares after grant
79,149 shares
Total Marcus Corp common stock directly held after award
Stock option at $14.69
1,455 underlying shares
Option exercisable at $14.69, expiring Dec 28, 2033
Stock option at $14.25
1,438 underlying shares
Option exercisable at $14.25, expiring Dec 29, 2032
Stock option at $17.95
750 underlying shares
Option exercisable at $17.95, expiring Dec 30, 2031
Stock option at $32.60
1,000 underlying shares
Option exercisable at $32.60, expiring Dec 26, 2029
Stock option at $38.51
1,000 underlying shares
Option exercisable at $38.51, expiring Dec 27, 2027
Key Terms
Stock Option (Right to Buy), beneficial interest, Equity and Incentive Awards Plan, trustee, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with underlying common stock shares"
beneficial interest financial
"The undersigned disclaims any beneficial interest in shares owned by his wife, children..."
Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.
Equity and Incentive Awards Plan financial
"Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan."
trustee financial
"As trustee for PLM Foundation"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
underlying securities financial
"Amending solely to correct previously reported Underlying Securities reported in dollars..."
FAQ
What insider transaction did Philip L. Milstein report at Marcus Corp (MCS)?
Philip L. Milstein reported receiving a grant of 1,391 Marcus Corp common shares as director compensation. The award was priced at $17.97 per share and increased his directly held common stock position to 79,149 shares following the transaction.
Why was this Marcus Corp (MCS) Form 4/A filing amended?
The Form 4/A was filed to amend a prior report solely to correct previously reported underlying securities. Earlier figures had been reported in dollars instead of shares, and this amendment restates those underlying securities accurately as share amounts.
What indirect Marcus Corp (MCS) holdings are associated with Philip L. Milstein?
The filing lists several indirect holdings of Marcus Corp common stock held by Philip L. Milstein as trustee for the PLM Foundation. He disclaims any beneficial interest in these shares, as they are associated with his trustee and family-related capacities.
What stock options does Philip L. Milstein hold in Marcus Corp (MCS)?
He holds multiple stock options to buy Marcus Corp common stock with exercise prices ranging from $14.25 to $38.51. These options cover underlying share amounts of 750 to 1,455 shares each and expire between December 2026 and December 2033.
How was the director equity grant for Marcus Corp (MCS) structured?
The director equity grant consisted of 1,391 Marcus Corp common shares valued at $17.97 per share. It was granted by the company in consideration of Milstein’s service as a director under The Marcus Corporation 2004 Equity and Incentive Awards Plan.