COTTER ELLEN M 4

What Happened Ellen M. Cotter, a reported 10% owner of Reading International, Inc. (RDI), converted a total of 82,186 restricted stock units (RSUs) into Class A non‑voting common shares via derivative exercise/conversion (transaction code M). Specifically, 11,990 RSUs vested and converted on April 18, 2026, and 70,196 RSUs vested and converted on April 21, 2026. The transactions show $0.00 per share (no cash paid or received) — these were vesting/conversion events, not open‑market purchases or sales.

Key Details

• Transaction dates: April 18, 2026 (11,990 RSUs) and April 21, 2026 (70,196 RSUs).
• Price: $0.00 per share; no cash was exchanged on conversion.
• Total shares converted: 82,186.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1–F5 explain these were RSUs from grants on April 18, 2022 and April 21, 2023; portions vested per schedule and performance, and the underlying shares will be delivered in accordance with Cotter’s irrevocable deferral election.
• Filing: Report filed April 21, 2026; the Form 4 reports the April 18 and April 21 vesting/conversion events (no late filing indicated in the provided data).

Context These entries reflect RSU vesting and conversion into common shares (derivative instruments settled into stock), not sales—so they are not a bearish signal. Because Cotter is reported as a 10% owner, this filing documents a significant shareholder receiving previously granted compensation shares rather than an open‑market trade by a non‑insider.