OPEKA ERICK 4

What Happened
Erick Opeka, Chief Strategy Officer and President of Cineverse (CNVS), acquired 30,000 shares on February 17, 2026 at $2.00 per share, for a total purchase price of $60,000 (transaction code P — purchase). The Form 4 was filed with the SEC on February 17, 2026.

Key Details

• Transaction date and price: 2026-02-17, 30,000 shares at $2.00 each; total $60,000.
• Transaction type: P = purchase (open market or private purchase as reported).
• Filing date: 2026-02-17 (timely filed).
• Shares owned after transaction: Not specified in the provided excerpt of the filing. Check the full Form 4 for total beneficial ownership.
• Notable footnotes (vesting/award details): insider holdings include restricted stock, restricted stock units (RSUs) and stock appreciation rights (SARs) with staggered vesting through 2028 (see F1–F7). Key vesting dates include April 25, 2026 & 2027; May 1 and May 16 dates in 2024–2028; and October 8 of 2026–2028.
• No indication in the provided data of a 10b5-1 plan, tax-withholding sale, or gifting.

Context:
This was a straightforward purchase of common shares. RSUs noted in the footnotes equal one share each and many of the restricted awards and SARs vest in future years, meaning parts of the insider’s holdings are time-locked and not immediately tradable. Purchases by insiders are factual data points some investors watch for possible alignment with company prospects, but filings do not state the insider’s motivation.