Marcus Corp. Reports Officer/Director Changes & Bylaw Amendments
Ticker: MCS · Form: 8-K · Filed: Feb 27, 2024 · CIK: 62234
| Field | Detail |
|---|---|
| Company | Marcus CORP (MCS) |
| Form Type | 8-K |
| Filed Date | Feb 27, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $1.00, $6,191,584, $607,064 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, bylaw-amendments
TL;DR
**Marcus Corp. just filed an 8-K about leadership changes and bylaw updates, keep an eye out for details!**
AI Summary
The Marcus Corporation filed an 8-K on February 27, 2024, reporting events from February 21, 2024. The filing indicates changes related to the departure or election of directors or officers, their compensatory arrangements, and amendments to the company's articles of incorporation or bylaws. The specific details of these changes, including names and dollar amounts, are not provided in the excerpt.
Why It Matters
Changes in leadership and corporate governance can signal strategic shifts or operational adjustments, potentially impacting investor confidence and future company direction.
Risk Assessment
Risk Level: medium — The filing indicates significant corporate governance changes, which can introduce uncertainty depending on the specifics not provided in this excerpt.
Key Players & Entities
- MARCUS CORP (company) — Filing registrant
- Wisconsin (location) — State of incorporation
- February 21, 2024 (date) — Date of earliest event reported
- February 27, 2024 (date) — Filing date
- 1-12604 (other) — Commission File Number
FAQ
What is the purpose of this 8-K filing by The Marcus Corporation?
This 8-K filing reports on the departure or election of directors or certain officers, their compensatory arrangements, and amendments to the company's articles of incorporation or bylaws, with the earliest event reported on February 21, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 21, 2024.
What is the state of incorporation for The Marcus Corporation?
The Marcus Corporation is incorporated in Wisconsin.
What is the business address of The Marcus Corporation?
The business address of The Marcus Corporation is 100 East Wisconsin Avenue, Suite 1900, Milwaukee, Wisconsin 53202-4125.
What are the specific items of information included in this 8-K filing?
The specific items of information included are 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year'.
Filing Stats: 1,711 words · 7 min read · ~6 pages · Grade level 14.5 · Accepted 2024-02-27 16:21:22
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value MCS New York Stock Exchange
- $6,191,584 — ncluding the Special Grant, ranged from $6,191,584 to $607,064. A description of the LTI
- $607,064 — pecial Grant, ranged from $6,191,584 to $607,064. A description of the LTIP is filed a
Filing Documents
- mcs-20240221.htm (8-K) — 44KB
- a20240221-8kxex3.htm (EX-3) — 188KB
- a20240221-8kxex101.htm (EX-10.1) — 74KB
- a20240222-8kxex102.htm (EX-10.2) — 40KB
- a20240221-8kxex103.htm (EX-10.3) — 38KB
- a20240221-8kxex104.htm (EX-10.4) — 27KB
- a20240221-8kxex105.htm (EX-10.5) — 28KB
- a20240221-8kxex106.htm (EX-10.6) — 27KB
- image_0.jpg (GRAPHIC) — 0KB
- image_0a.jpg (GRAPHIC) — 0KB
- 0000062234-24-000004.txt ( ) — 683KB
- mcs-20240221.xsd (EX-101.SCH) — 2KB
- mcs-20240221_lab.xml (EX-101.LAB) — 25KB
- mcs-20240221_pre.xml (EX-101.PRE) — 13KB
- mcs-20240221_htm.xml (XML) — 3KB
03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year . On February 22, 2024, the Board of Directors of the Company approved amendments to the by-laws (as amended, the "By-laws"), of the Company to align the By-laws with SEC's new requirements regarding universal proxies pursuant to Rule 14a-19 and provide clarity around the processes and procedures for the Company's annual meeting of shareholders. This description of the By-laws does not purport to be complete and is qualified in its entirety by reference to the full text of the By-laws, which are filed as Exhibit 3 to this Current Report on Form 8-K and are incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits . The following exhibit is being furnished herewith: Exhibit Number 3.0 By-Laws of The Marcus Corporation, as amended. 10.1 The Marcus Corporation Long-Term Incentive Plan Terms, as Amended. 10.2 Form of The Marcus Corporation 2004 Equity and Incentive Awards Plan Performance Share Award Agreement (Executives). 10.3 Form of The Marcus Corporation 2004 Equity and Incentive Awards Plan Performance Share Award Agreement (Leadership). 10.4 Form of The Marcus Corporation 2004 Equity and Incentive Awards Plan Restricted Stock Agreement for awards granted after February 21, 2024. 10.5 Form of The Marcus Corporation 2004 Equity and Incentive Awards Plan Restricted Stock Unit Agreement. 10.6 Form of The Marcus Corporation 2004 Equity and Incentive Awards Plan Restricted Stock Agreement (Special Grant). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE MARCUS CORPORATION Date: February 27, 2024 By: /s/ Chad M. Paris Chad M. Paris Chief Financial Officer and Treasurer