Stephen H. Marcus updates holdings; Marcus Corp (NYSE: MCS) 79,911 shares reported

Rhea-AI Filing Summary

The Marcus Corporation insider Stephen H. Marcus amended his Schedule 13G/A to report 79,911 shares of Common Stock beneficially owned as of 4/6/2026. The filing corrects prior reporting and states Mr. Marcus has 73,098 sole voting/dispositive shares and 6,003 shared voting/dispositive shares. The filing notes 23,063 and 50,845 Class B Common Stock holdings convertible on a share-for-share basis.

Insights

Corporate Governance Analyst

Amendment corrects beneficial ownership and clarifies voting power related to family trusts.

The amendment states the reporting person does not have voting or investment power over 4,321,245 shares previously reported as indirect holdings, reflecting estate-planning determinations. The filing ties beneficial ownership figures to specific trusts and convertible Class B shares.

Key items to watch in subsequent filings include any further ownership reclassifications and whether conversions of Class B Common Stock occur; timing is not stated.

Key Figures

Beneficially owned: 79,911 shares Percent of class: 0.34% Sole voting power: 73,098 shares +3 more

6 metrics

Beneficially owned 79,911 shares amount beneficially owned as of 4/6/2026

Percent of class 0.34% percent of class assuming conversion of Class B Common Stock

Sole voting power 73,098 shares sole power to vote or direct the vote

Shared voting power 6,003 shares shared power to vote or direct the vote

Class B shares (trust A) 23,063 shares Stephen H. Marcus 1990 Revocable Trust (convertible)

Class B shares (trust B) 50,845 shares Ben and Celia Marcus 1992 Revocable Trust F/B/O Stephen H. Marcus (convertible)

Key Terms

beneficially owned, Class B Common Stock, Schedule 13G/A

3 terms

beneficially owned regulatory

"Amount beneficially owned: 79,911"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Class B Common Stock financial

"Class B Common Stock held by the Stephen H. Marcus 1990 Revocable Trust"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

Schedule 13G/A regulatory

"Amendment No. 46 to is being filed to correct the amount of securities previously reported"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 46)

MARCUS CORP

(Name of Issuer)

Common Stock

(Title of Class of Securities)

566330106

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 566330106

1

Names of Reporting Persons

MARCUS STEPHEN H

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 73,098.00
6	Shared Voting Power 6,003.00
7	Sole Dispositive Power 73,098.00
8	Shared Dispositive Power 6,003.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

79,911.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.33 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: This Amendment No. 46 to Schedule 13G is being filed to correct the amount of securities previously reported. The Original Schedule 13G (filed February 14, 2025) included 4,321,245 shares indirectly held through Matinee Fifteen Holdings, LLC and Matinee Fifteen Holdings 2 LLC. Pursuant to a review in connection with family estate planning activities, Mr. Marcus does not have voting or investment power over these shares. The amounts reported herein reflect the Reporting Person's beneficial ownership as of 4/6/2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MARCUS CORP
(b)	Address of issuer's principal executive offices: 111 EAST KILBOURN AVENUE, SUITE 1200, MILWAUKEE, Wisconsin, 53202
Item 2.
(a)	Name of person filing: Stephen H. Marcus
(b)	Address or principal business office or, if none, residence: The Marcus Corporation, 111 E. Kilbourn Avenue, Suite 1200, Milwaukee, WI 53202
(c)	Citizenship: Mr. Marcus is a United States citizen.
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 79,911
(b)	Percent of class: 0.34 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 73,098
	(ii) Shared power to vote or to direct the vote: 6,003
	(iii) Sole power to dispose or to direct the disposition of: 73,098
	(iv) Shared power to dispose or to direct the disposition of: Mr. Marcus: Other than with respect to (i) 6,003 shares of Common Stock (which Mr. Marcus shares voting and dispositive power), all of the reported benficial ownership of Common Stock results from the beneficial ownership of shares of Class B Common Stock, which are convertible at any time into Common Stock on a share-for-share basis. The percent of class figure assumes conversion of all shares of Class B Common Stock held by Mr. Marcus into shares of Common Stock. Mr. Marcus' beneficial ownership consists of the following: (i) 6,003 shares of Common Stock held by a trust whereby Mr. Marcus serves as Trustee; (ii) 23,063 shares of Class B Common Stock held by the Stephen H. Marcus 1990 Revocable Trust; and (iii) 50,845 shares of Class B Common Stock held by the Ben and Celia Marcus 1992 Revocable Trust F/B/O Stephen H. Marcus.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

MARCUS STEPHEN H

Signature:	/s/ Stephen H. Marcus
Name/Title:	MARCUS STEPHEN H
Date:	04/08/2026

FAQ

What does Stephen H. Marcus' amended 13G/A say about his holdings in MCS?

It reports 79,911 shares beneficially owned as of 4/6/2026. The amendment corrects earlier reporting and breaks ownership into sole and shared voting/dispositive power tied to trusts and Class B shares.

How much voting power does Stephen H. Marcus report for MCS?

Mr. Marcus reports 73,098 shares of sole voting power and 6,003 shares of shared voting power. The filing attributes most beneficial ownership to convertible Class B holdings held in named revocable trusts.

Why was Amendment No. 46 filed for Stephen H. Marcus' 13G/A?

The amendment corrects previously reported amounts after estate-planning review. It states Mr. Marcus lacks voting or investment power over certain indirect holdings previously included in the original filing.

Do the reported Class B shares affect the percent of class for MCS?

Yes. The filing states the 0.34% percent of class assumes conversion of all Class B Common Stock to Common Stock on a share-for-share basis, and lists the Class B share counts contributing to that figure.

What trusts hold shares for Stephen H. Marcus according to the amendment?

The filing identifies the Stephen H. Marcus 1990 Revocable Trust holding 23,063 Class B shares and the Ben and Celia Marcus 1992 Revocable Trust F/B/O Stephen H. Marcus holding 50,845 Class B shares.