Cineverse Corp.·4

May 5, 6:22 PM ET

Macias Yolanda 4

4 · Cineverse Corp. · Filed May 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Cineverse (CNVS) CMPO Yolanda Macias Receives 25,607 Shares

What Happened

  • Yolanda Macias, Cineverse’s Chief Motion Pictures Officer, had 25,607 restricted stock units (RSUs) convert into common shares on May 1, 2026 (reported as exercise/conversion of a derivative). Of those shares, 13,895 were withheld to cover tax liabilities at $2.62 per share (total withheld value $36,405). After withholding, she received a net 11,712 shares.
  • This was a vesting/conversion and tax-withholding event — not an open-market sale or purchase. The derivative conversion shows $0 exercise price, consistent with RSU vesting.

Key Details

  • Transaction date: May 1, 2026; filing date: May 5, 2026 (timely filed).
  • Entries reported: M (exercise/conversion of derivative) — 25,607 shares converted; F (payment of tax liability) — 13,895 shares withheld at $2.62/share for $36,405.
  • Net new shares received: 11,712 (25,607 converted − 13,895 withheld).
  • Relevant footnotes: F5 confirms these were RSUs — 25,607 vested on May 1, 2026, with additional tranches of 25,607 and 25,606 vesting in 2027 and 2028; other footnotes indicate additional restricted stock/RSU awards vesting on future dates (e.g., 33,334 shares vesting April 25, 2027).
  • Filing codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld for tax/payment of exercise price. No 10b5‑1 or gift indicated.

Context

  • This is a routine vesting and tax-withholding event — common when RSUs convert to stock. Because shares were withheld to satisfy taxes rather than sold on the open market, this filing does not represent a cash sale by the insider.
  • For retail investors, vesting shows continued compensation alignment but does not necessarily signal a buy or sell opinion by the insider.

Insider Transaction Report

Form 4
Period: 2026-05-01
Macias Yolanda
Chief Motion Pictures Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F5][F1]
    2026-05-01+25,607143,804 total
  • Tax Payment

    Class A Common Stock

    [F1]
    2026-05-01$2.62/sh13,895$36,405129,909 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F5]
    2026-05-0125,60751,213 total
    Class A Common Stock (25,607 underlying)
Holdings
  • Class A Common Stock

    (indirect: By Children)
    146
  • Stock Appreciation Right (Right to buy)

    [F2]
    Exercise: $12.80Exp: 2030-12-23Class A Common Stock (30,000 underlying)
    30,000
  • Stock Appreciation Right (Right to buy)

    [F3]
    Exercise: $5.80Exp: 2033-05-16Class A Common Stock (25,000 underlying)
    25,000
  • Restricted Stock Unit

    [F4]
    Class A Common Stock (33,334 underlying)
    33,334
  • Restricted Stock Unit

    [F6]
    Class A Common Stock (76,879 underlying)
    76,879
Footnotes (6)
  • [F1]Includes 33,334 of restricted stock that vest on April 25, 2027.
  • [F2]Of such stock appreciation rights, 15,000 vested on March 31, of each of 2022 and 2023.
  • [F3]Of such stock appreciation rights, 8,333 vest on May 16 of each of 2024, 2025 and 2026.
  • [F4]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,334 vest on April 25, 2027.
  • [F5]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 25,607 vested on May 1, 2026, 25,607 vest on May 1, 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|2026-05-05

Documents

1 file
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    ownership.xmlPrimary

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