Cineverse Corp.|4Feb 17, 9:54 PM ET

Macias Yolanda 4

4 · Cineverse Corp. · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 18, 2026

Cineverse (CNVS) Chief Motion Pictures Officer Yolanda Macias Buys 30,000 Shares

What Happened

Yolanda Macias, Chief Motion Pictures Officer at Cineverse (CNVS), made an open-market purchase of 30,000 shares at $2.00 per share on Feb 17, 2026 (total $60,000). Earlier, on Dec 2, 2025, she sold 2,189 shares at $2.42 (total ~$5,297).
Purchases are often viewed as a more informative (bullish) signal than sales, though this is a relatively modest-dollar purchase.

Key Details

Transactions:
- 2025-12-02: Sale (open market) — 2,189 shares @ $2.42 = $5,297.
- 2026-02-17: Purchase (open market) — 30,000 shares @ $2.00 = $60,000.
Short-swing rule: The filing notes the Dec 2 sale was matchable under Section 16(b); Ms. Macias paid the issuer $919.38 representing the full short-swing profit (Footnote F1).
Holdings / grants disclosed in footnotes (vesting schedules):
- 66,667 restricted shares (33,333 vest 4/25/2026; 33,334 vest 4/25/2027) (F2).
- Stock appreciation rights with past and scheduled vesting (F3, F4).
- Multiple tranches of restricted stock units (RSUs) with vesting on 4/25, 5/1 and 10/8 across 2026–2028 (F5–F7).
Shares owned after the reported transactions are not explicitly stated on the form provided.
Timeliness: The Dec 2, 2025 sale was reported in this Form 4 filed Feb 17, 2026 (late reporting for that earlier sale); the Feb 17 purchase was filed same day.

Context

The Dec sale triggered a short-swing disposition matched to a later reportable purchase: under Section 16(b) any profit from buying and selling within six months must be returned; the filing shows the profit was paid back ($919.38).
The Feb 17 trade was an ordinary open-market purchase (code P). No indication in the filing of a 10b5‑1 plan, gift, or cashless option exercise for these specific transactions.

Form 4

Period: 2025-12-02

Chief Motion Pictures Officer

Transactions

Sale
Class A Common Stock
[F2]
2025-12-02$2.42/sh−2,189$5,297→ 91,760 total
Purchase
Class A Common Stock
[F1][F2]
2026-02-17$2.00/sh+30,000$60,000→ 121,760 total

Holdings

Class A Common Stock
(indirect: By Children)
146
Stock Appreciation Right (Right to buy)
[F3]
Exercise: $12.80Exp: 2030-12-23→ Class A Common Stock (30,000 underlying)
30,000
Stock Appreciaiton Right (Right to buy)
[F4]
Exercise: $5.80Exp: 2033-05-16→ Class A Common Stock (25,000 underlying)
25,000
Restricted Stock Unit
[F5]
→ Class A Common Stock (66,667 underlying)
66,667
Restricted Stock Unit
[F6]
→ Class A Common Stock (76,820 underlying)
76,820
Restricted Stock Unit
[F7]
→ Class A Common Stock (79,879 underlying)
79,879

Footnotes (7)

[F1]The reported purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 2,189 shares, with the reporting person's sale of 2,189 shares at a price of $2.42 per share on December 2, 2025. The reporting person has paid to the Issuer $919.38, representing the full amount of the profit realized in connection with the short-swing transaction.
[F2]Includes 66,667 shares of restricted stock that vest as follows: 33,333 vest on April 25, 2026 and 33,334 vest on April 25, 2027.
[F3]Of such stock appreciation rights, 15,000 vested on March 31, of each of 2022 and 2023.
[F4]Of such stock appreciation rights, 8,333 vest on May 16 of each of 2024, 2025 and 2026.
[F5]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,333 vest on April 25, 2026 and 33,334 vest on April 25, 2027.
[F6]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,607 vest on May 1 of 2026 and 2027 and 25,606 vest on May 1, 2028.
[F7]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,626 vest on October 8 of each of 2026 and 2027 and 25,627 vest on October 8, 2028.

Signature

/s/ Yolanda Macias|2026-02-17

1 file