Marcus Corp (NYSE: MCS) director swaps and gifts thousands of shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marcus Corp director and 10% owner Diane M. Gershowitz reported several share movements on March 2, 2026. An entity associated with her, DG-LDJ Holdings, LLC, sold 33,915 shares of Class B Common Stock, while she directly bought 33,915 shares of Common Stock, leaving her net buy/sell activity flat in share count.
She also made a bona fide gift of 36,096 shares of Common Stock, reducing her directly held common shares. Footnotes note that Class B shares convert into Common Stock on a 1-for-1 basis at no cost, with Class B carrying 10 votes per share versus one vote for Common.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,096 shares gifted
Mixed
14 txns
Insider
GERSHOWITZ DIANE M
Role
Director, 10% Owner
Bought
33,915 shs ($0.00)
Sold
33,915 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 33,915 | $0.00 | -- |
| Purchase | Common Stock | 33,915 | $0.00 | -- |
| Gift | Common Stock | 36,096 | $0.00 | -- |
| 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 | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,881,677 shares (Indirect, By DG-LDJ Holdings, LLC);
Common Stock — 72,134 shares (Direct);
Stock Option (right to buy) — 1,000 shares (Direct);
Stock Option (right to buy — 1,455 shares (Direct);
Class B Common Stock — 25 shares (Direct);
Common Stock — 175,617.223 shares (Indirect, By DG-LDJ Holdings, LLC)
Footnotes (1)
- Represents the exchange of Class B Common Stock to Gregory Marcus for Common Stock. This security is convertible into common stock on a 1-for-1 basis at no cost and Class B Common Stock is entitled to 10 votes per share and Common Stock is entitled to one vote per share. This security is immediately exercisable. No expiration date. Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan. As trustee for brother's children. By the Ben and Celia Marcus 1992 Revocable Trust F/B/O Diane M. Gershowitz.
FAQ
What did Marcus Corp (MCS) director Diane M. Gershowitz report in this Form 4?
Diane M. Gershowitz reported a sale and a matching purchase of 33,915 shares plus a gift of 36,096 shares. These transactions involved both Class B Common Stock and Common Stock and were all dated March 2, 2026, reflecting reallocation and gifting of holdings.
What gift transaction did Diane M. Gershowitz report for Marcus Corp (MCS)?
She reported a bona fide gift of 36,096 shares of Marcus Corp Common Stock. The gift was dated March 2, 2026 and reduced her directly held common shares, while still being disclosed as part of her overall beneficial ownership picture.
What is the voting difference between Marcus Corp (MCS) Class B and Common Stock?
Class B Common Stock carries 10 votes per share and is convertible into Common Stock on a 1-for-1 basis at no cost. Common Stock carries one vote per share, so shifting between classes can change voting power while keeping the share count unchanged.
Did the Form 4 for Marcus Corp (MCS) show net buying or selling by Diane M. Gershowitz?
The reported sale and purchase each involved 33,915 shares, resulting in neutral net buy/sell share count. However, she also gifted 36,096 Common shares, which reduced her directly held stock while still leaving substantial beneficial ownership positions disclosed.