Lesinski Thomas F. 4

What Happened
Thomas F. Lesinski, CEO of National CineMedia (NCMI), received an award of restricted stock units (RSUs) on February 27, 2026. The filing reports 140,449 RSUs granted at $0.00 (a compensation award, not a market purchase), with no immediate cash exchanged. These RSUs are derivative awards that will convert into common shares upon vesting.

Key Details

• Transaction type/date: Award of RSUs on 2026-02-27 (reported on Form 4 filed 2026-03-03).
• Amount granted: 140,449 RSUs shown in the transaction; footnote F2 references 140,499 RSUs (minor discrepancy in the filing).
• Price: $0.00 per RSU (standard for compensation grants). Reported total value on the Form 4 is $0.
• Vesting: Per footnote F2, the RSUs vest in three equal annual installments beginning February 27, 2027.
• Footnote F1: Each RSU represents the right to receive one share of common stock upon vesting.
• Shares owned after transaction: Not disclosed in the provided filing.
• Timeliness: Filed 2026-03-03 for a 2026-02-27 grant — appears to meet the standard two-business-day Form 4 filing window.

Context
This was an equity compensation grant (an award of RSUs), which is part of executive pay and not an open-market buy or sell. Such grants are common for aligning executive incentives with shareholder value; they do not necessarily signal immediate insider sentiment about the stock. The RSUs convert to ordinary shares only as they vest according to the stated schedule.