Macias Yolanda 4

4 · Cineverse Corp. · Filed Apr 28, 2026

AI-generated summary of this filing

Updated Apr 29, 2026

Cineverse (CNVS) CMO Yolanda Macias Exercises RSUs; Shares Withheld

What Happened

Yolanda Macias, Chief Motion Pictures Officer of Cineverse (CNVS), had 33,333 restricted stock units (RSUs) vest/convert on April 25, 2026. The filing shows a conversion/exercise (code M) of 33,333 derivative units into shares.
To satisfy the tax/exercise obligation, 36,896 shares were surrendered/withheld (code F) at an implied per-share value of $2.39, totaling $88,181. The filing also records a separate M-coded disposition of 33,333 shares at $0 (reported as a derivative conversion/transfer in the filing).

Key Details

Transaction date: April 25, 2026; Form 4 filed April 28, 2026 (filed within the normal 2 business‑day window).
Reported actions and values: conversion/exercise (M) of 33,333 RSUs; tax/price payment (F) of 36,896 shares at $2.39 each = $88,181; an M-coded disposition of 33,333 shares at $0 also appears in the filing.
Shares owned after transaction: not specified in the filing.
Relevant footnotes: F1/F2 confirm 33,333 RSUs vested on 4/25/2026 and additional RSUs scheduled to vest in 2027; other footnotes (F3–F6) describe separate stock appreciation rights and additional RSU vesting schedules for future dates.
Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (i.e., shares withheld).

Context

Withholding/surrender of shares to cover taxes is a common, routine settlement method (a cashless-like settlement) and does not necessarily indicate a buy or sell opinion by the insider. The filing documents a vesting/conversion event rather than an open-market sale or purchase.
For retail investors, purchases or open-market sales by insiders are often more informative about personal conviction; vesting plus tax-withholding is typically administrative.

Form 4

Period: 2026-04-25

Chief Motion Pictures Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-04-25+33,333→ 155,093 total
Tax Payment
Class A Common Stock
[F2]
2026-04-25$2.39/sh−36,896$88,181→ 118,197 total
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-04-25−33,333→ 33,334 total
→ Class A Common Stock (33,333 underlying)

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 Appreciation 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 (76,820 underlying)
76,820
Restricted Stock Unit
[F6]
→ Class A Common Stock (76,879 underlying)
76,879

Footnotes (6)

[F1]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,333 vested on April 25, 2026 and 33,334 vest on April 25, 2027.
[F2]Includes 33,333 shares of restricted stock that vested on April 25, 2026 and 33,3334 shares of restricted stock that 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, 25,607 vest on May 1 of each of 2026 and 2027 and 25,606 vest on May 1, 2028.
[F6]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|2026-04-28

1 file