DOLAN JAMES LAWRENCE 4

What Happened
James L. Dolan, a director of AMC Global Media Inc. (AMCX) and member of a 13(d) group, received a grant of 10,926 director stock units on 2026-06-16 (transaction code A — award/grant). The units are derivative awards that represent the right to receive the cash equivalent of one share of Class A common stock per unit. No purchase price was paid (granted for no consideration) and the units were fully vested on the grant date. The filing was submitted on 2026-06-22 for the 2026-06-16 grant (appears later than the typical two-business-day Form 4 window).

Key Details

• Transaction date: 2026-06-16; filing date: 2026-06-22 (appears late).
• Award: 10,926 director stock units; price: N/A (granted for no consideration).
• Nature: Derivative, cash‑settled — each unit equals the cash value of one Class A share (not immediate stock).
• Vesting/settlement: Fully vested at grant; payable in cash on the first business day 90 days after service on the board ceases (per plan).
• Ownership notes: Securities are reported as held directly by James L. Dolan; certain securities are held directly by his spouse, Kristin A. Dolan, who disclaims beneficial ownership.
• Filing footnotes reference the Amended and Restated 2011 Stock Plan for Non‑Employee Directors and confirm no consideration for the grant.

Context
Director stock units are routine non‑employee director compensation and differ from an open‑market purchase or exercise of options: they are a promise to pay cash equal to share value (so they don’t immediately add voting shares). Because the units are fully vested, Dolan has the right to the cash value, but payment is deferred until after board service ends as specified. The late filing is an administrative detail investors may note; it does not itself indicate trading intent.