---
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"
generated_at: "2026-06-28T06:07:13.742209+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Marcus & Millichap SVP Martin Louie steps down; severance agreement disclosed

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-336941
- JSON: https://secwatch.observer/filing/0001193125-21-336941.json
- Plain text: https://secwatch.observer/filing/0001193125-21-336941.txt

## Key facts
- Executive change
  Martin E. Louie departed as Senior Vice President, Corporate Initiatives at Marcus & Millichap, Inc..
  - Action: stepped down
  - Role: Senior Vice President, Corporate Initiatives
  source text: Effective August 31, 2021, Martin E. Louie stepped down as the Senior Vice President, Corporate Initiatives of Marcus & Millichap, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1578732/000119312521336941/0001193125-21-336941-index.htm

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