Company: MMI
Filing Date: 2025-06-09
Form Type: 8-K
Source: 0001193125-25-137858
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Company: Marcus & Millichap, Inc.
Filing Date: 2025-06-09
Form: 8-K
Item: Item 5.02
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Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

As previously reported by Marcus & Millichap, Inc. (the “ Company”), on April 29, 2025, Richard Matricaria, formerly the Company’s Chief Operating Officer, Western Division, was named Senior Vice President and Chief Growth Officer effective May 1, 2025. On June 5, 2025, Mr. Matricaria and the Company, entered into an employment agreement (the “ Employment Agreement”) setting forth the terms of his service as Chief Growth Officer.

Pursuant to the terms of the Employment Agreement, Mr. Matricaria will (i) receive an annual base salary of $400,000, (ii) be eligible to receive an annual discretionary cash bonus with a bonus target of $600,000 based on the achievement of individual goals and Company goals, (iii) be eligible to receive equity grants of up to 50% of the amount of the annual discretionary cash bonus, and (iv) receive a one-timerelocation allowance of up to $75,000 for actual moving-related costs. The Employment Agreement became retroactively effective as of May 1, 2025.

The foregoing description of the Employment Agreement is not complete and is qualified by reference to the full text and terms of such document, which is filed as Exhibit 10.1 to this Current Report on Form8-Kand incorporated herein by reference.