---
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"
generated_at: "2026-06-05T13:33:05.765959+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Marcus Corp restructures LTIP, grants special restricted stock to top executives

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062234-24-000004
- JSON: https://secwatch.observer/filing/0000062234-24-000004.json
- Plain text: https://secwatch.observer/filing/0000062234-24-000004.txt

## Key facts
- Governance Changes
  MARCUS CORP: Amended bylaws to align with SEC universal proxy rules under Rule 14a-19 and clarify annual meeting procedures (effective 2024-02-22).
  - Change: bylaw amendment
  - Effective: 2024-02-22
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/62234/000006223424000004/0000062234-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.