{"schema_version":"secwatch.filing_event.v1","accession":"0000062234-24-000004","form_type":"8-K","ticker":"MCS","cik":"0000062234","company_name":"MARCUS CORP","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.664573+00:00","generated_at":"2026-06-05T13:33:05.765959+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Marcus Corp restructures LTIP, grants special restricted stock to top executives","bullets":["LTIP revised to three elements: 40% performance cash, 20% performance shares, 40% restricted stock/units; metrics ROIC (75%) and EBITDA growth (25%).","Performance payouts based on Russell 2000 percentile: 25th=25%, 50th=100%, 75th=150% of target; interpolation for intermediate results.","Committee approved 2024 annual LTI awards and a special restricted stock grant to CEO Gregory Marcus, EVP Kissinger, CFO Paris, and Hotels President Evans; vesting 4 years.","Board amended bylaws to align with SEC universal proxy rules (Rule 14a-19) and clarify annual meeting procedures."],"urls":{"canonical":"https://secwatch.observer/filing/0000062234-24-000004","json":"https://secwatch.observer/filing/0000062234-24-000004.json","markdown":"https://secwatch.observer/filing/0000062234-24-000004.md","text":"https://secwatch.observer/filing/0000062234-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/62234/000006223424000004/0000062234-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/62234/000006223424000004/mcs-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T13:33:05.765959+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2089cda330d710bb3fc2ed9d14947c4ead68ae35","claim":"MARCUS CORP: Amended bylaws to align with SEC universal proxy rules under Rule 14a-19 and clarify annual meeting procedures (effective 2024-02-22).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/62234/000006223424000004/0000062234-24-000004-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2024-02-22"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}