Zoradi Mark 4
Research Summary
AI-generated summary
Cinemark (CNK) Director Mark Zoradi Gifts 7,364 Shares
What Happened
Mark Zoradi, a director of Cinemark Holdings, transferred 7,364 shares of the company's common stock to a family trust on April 6, 2026. The transaction is reported as a gift (transaction code G) with a reported price of $0.00 per share and a total reported value of $0.
Key Details
- Transaction date: April 6, 2026
- Transaction type/code: Gift (G) — 7,364 shares @ $0.00, reported value $0
- Footnote: Zoradi transferred the shares to a family trust for which he is trustee, for no consideration.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing date: May 19, 2026 (the Form 4 was filed ~43 days after the transaction; Form 4s are generally due within 2 business days, so this filing appears late).
Context
Gifts or transfers to family trusts are common for estate or financial planning and do not indicate a typical buy/sell market sentiment. This was not an open-market sale or purchase and involved no proceeds to the reporting person.