{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-336941","form_type":"8-K","ticker":"MMI","cik":"0001578732","company_name":"Marcus & Millichap, Inc.","filed_at":"2021-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.120734+00:00","generated_at":"2026-06-28T06:07:13.742209+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Marcus & Millichap SVP Martin Louie steps down; severance agreement disclosed","bullets":["Stepped down as SVP, Corporate Initiatives effective Aug 31, 2021.","Severance includes $437,500 base salary over 15 monthly installments of $29,167.","COBRA reimbursement of $4,561/mo for 15 months; career counseling up to $10,000.","Unvested RSUs converted to $124,754 cash paid in 15 monthly installments of $8,317.","SAR account balance of $158,734 to be paid starting March 15, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-336941","json":"https://secwatch.observer/filing/0001193125-21-336941.json","markdown":"https://secwatch.observer/filing/0001193125-21-336941.md","text":"https://secwatch.observer/filing/0001193125-21-336941.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1578732/000119312521336941/0001193125-21-336941-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1578732/000119312521336941/d614766d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T06:07:13.742209+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":"9c3ac5ea73","claim":"Martin E. Louie departed as Senior Vice President, Corporate Initiatives at Marcus & Millichap, Inc..","evidence_excerpt":"Effective August 31, 2021, Martin E. Louie stepped down as the Senior Vice President, Corporate Initiatives of Marcus & Millichap, Inc.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1578732/000119312521336941/0001193125-21-336941-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Senior Vice President, Corporate Initiatives"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}