READING INTERNATIONAL INC·4

Mar 17, 3:08 PM ET

COTTER ELLEN M 4

4 · READING INTERNATIONAL INC · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

READING (RDI) 10% Owner Ellen Cotter Sells 24,321 Shares

What Happened

  • Ellen M. Cotter, a reported 10% owner of Reading International, disposed of 24,321 shares of Class A common stock via withholding to cover tax obligations. The shares were recorded at $1.07 each, for a total value of $26,145. This was a tax-withholding/net settlement of vested restricted stock units (not an open-market sale).

Key Details

  • Transaction date: 2026-03-13
  • Price per share: $1.07; Shares withheld/disposed: 24,321; Total value: $26,145
  • Transaction code F = shares withheld to satisfy tax withholding on vested awards
  • Footnote: Shares were withheld to cover taxes relating to RSU vesting on April 5, April 18 and April 21, 2025 and the deferred delivery of the underlying Class A shares
  • Filing date: 2026-03-17 (reporting period 2026-03-13) — check Form 4 timeliness relative to the usual 2-business-day filing requirement
  • Shares owned after the transaction: not specified in the provided excerpt

Context

  • This was a routine tax-withholding event following RSU vesting (a common net-settlement method) and does not necessarily indicate an intentional open-market sale or change in insider sentiment. For retail investors, purchases and open-market sales generally provide stronger signals than tax-withholdings by insiders. As a 10% owner, Cotter’s holdings are material in size, but this specific transaction reflects settlement of vested awards rather than a cash-raising disposition.

Insider Transaction Report

Form 4
Period: 2026-03-13
COTTER ELLEN M
DirectorDirector, President and CEO10% OwnerOther
Transactions
  • Tax Payment

    Class A Non-voting Common Stock

    [F1]
    2026-03-13$1.07/sh24,321$26,145984,636 total
Footnotes (1)
  • [F1]The reporting person is reporting the disposition of 24,321 shares of Class A Common Stock which shares were withheld by the issuer to cover the tax withholding obligations relating to the vesting of restricted stock units on April 5, 2025, April 18, 2025, and April 21, 2025 and the deferred delivery of the underlying Class A Common Stock.
Signature
/s/ Ellen Cotter|2026-03-17

Documents

1 file
  • 4
    form4-03172026_070325.xmlPrimary