READING INTERNATIONAL INC·4

Apr 29, 4:58 PM ET

COTTER ELLEN M 4

Research Summary

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READING INTERNATIONAL (RDI) 10% Owner Ellen Cotter Receives RSU Award

What Happened
Ellen M. Cotter, reported as a 10% owner of Reading International, was granted 269,043 restricted stock units (RSUs) on 2026-04-27. The RSUs were awarded at a $0.00 acquisition price (no cash paid at grant) and are recorded as a derivative award. Each RSU represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting.

Key Details

  • Transaction type: Award/Grant (derivative RSUs) reported 2026-04-27; Form 4 filed 2026-04-29.
  • Shares granted: 269,043 RSUs; grant price shown as $0.00 (no cash paid).
  • Vesting: RSUs will fully vest on April 27, 2027 (per filing footnote).
  • Plan: Granted pursuant to the Company’s 2020 Stock Incentive Plan.
  • Shares owned after transaction: not specified in the filing.
  • Timeliness: Filing date is 2026-04-29 for a 2026-04-27 transaction; appears to be filed within the normal Form 4 window.

Context
This is a compensation-style RSU award, not an open-market purchase or sale. RSUs are a deferred equity grant that convert to actual shares only upon vesting (here, one year later). As a 10% owner designation, this filing documents an insider award rather than a routine buy/sell signal; it should be viewed as compensation disclosure, not a direct market purchase.