DOUGLAS KEVIN 4
4 · IMAX CORP · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
IMAX 10% Owner Kevin Douglas Receives 3,390 Shares
What Happened
Kevin Douglas (reported as a 10% owner) was issued/received 3,390 shares of IMAX on June 11, 2026 as an award/acquisition (transaction code A). The shares were reported as acquired at $0.00 — these were restricted stock units that vested on the grant date (footnote F12). This was an award/vesting transaction, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Filing date: 2026-06-15 (filed within the SEC two-business-day window).
- Price recorded: $0.00 per share; total cash paid: $0.
- Shares acquired: 3,390 restricted stock units that vested on the date of grant (F12).
- Shares owned after transaction: not explicitly stated on the excerpt provided; various footnotes detail additional direct and indirect holdings (see below).
- Notable footnotes:
- F1: Shares held directly and jointly by Kevin and his wife Michelle.
- F2: Reporting persons may be deemed a Section 13(d) “group,” though filing doesn’t admit beneficial ownership beyond direct holdings.
- F3–F11: Multiple direct and indirect holdings via trusts and entities (including intentionally defective grantor trusts, nonexempt and irrevocable descendants' trusts, Celtic Financial LLC, and holdings of James E. Douglas, III) that are attributable or related to Kevin Douglas.
- F12: Confirms the transaction represents restricted stock units that vested on the grant date.
Context
This was a compensation-related award (vested RSUs) rather than a purchase or sale in the open market; such vesting events reflect compensation plan mechanics and do not necessarily indicate buying/selling sentiment. As a reported 10% owner, some holdings are held indirectly through trusts and family-related entities, as detailed in the footnotes.
Insider Transaction Report
Form 4
IMAX CORPIMAX
DOUGLAS KEVIN
Director10% OwnerOther
Transactions
- Award
Common Stock
[F12][F1][F2][F3][F4]2026-06-11+3,390→ 3,660,840 total
Holdings
- 440,000(indirect: By Trust)
Common Stock
[F2][F5] - 1,301,045(indirect: By James E. Douglas, III)
Common Stock
[F2][F10] - 571,989(indirect: By LLC)
Common Stock
[F2][F11] - 602,311(indirect: By Trust)
Common Stock
[F2][F6] - 602,310(indirect: By Trust)
Common Stock
[F2][F7] - 602,310(indirect: By Trust)
Common Stock
[F2][F8] - 602,310(indirect: By Trust)
Common Stock
[F2][F9]
Footnotes (12)
- [F1]These securities are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.
- [F10]Includes 861,045 shares held directly by James E. Douglas, III and 440,000 shares held by the Nonexempt Trust FBO James E. Douglas, III (of which James E. Douglas III is the trustee), and indirectly by Kevin Douglas
- [F11]These securities are held directly by Celtic Financial, LLC and indirectly by Kevin Douglas.
- [F12]Restricted stock units granted to Kevin Douglas which were vested on the date of grant.
- [F2]Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
- [F3]Includes 28,352 shares held by an intentionally defective grantor trust (the "KGD IDGT"). Kevin Douglas, as the settlor of the KGD IDGT, has the right to substitute property of equivalent value in return for the shares held by the KGD IDGT and may be deemed to have shared voting and dispositive power over the shares held by the KGD IDGT.
- [F4]Includes 28,352 shares held by an intentionally defective grantor trust (the "MMD IDGT"). Michelle Douglas, as the settlor of the MMD IDGT, has the right to substitute property of equivalent value in return for the shares held by the MMD IDGT and may be deemed to have shared voting and dispositive power over the shares held by the MMD IDGT.
- [F5]These securities are held directly by the Nonexempt Trust FBO Kevin G. Douglas and indirectly by Kevin Douglas. Kevin Douglas is the trustee of the Nonexempt Trust FBO Kevin G. Douglas.
- [F6]These securities are held directly by the Irrevocable Descendants' Trust FBO Alexander James Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Alexander James Douglas.
- [F7]These securities are held directly by the Irrevocable Descendants' Trust FBO Amanda Anne Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Amanda Anne Douglas.
- [F8]These securities are held directly by the Irrevocable Descendants' Trust FBO Jake Edward Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Jake Edward Douglas.
- [F9]These securities are held directly by the Irrevocable Descendants' Trust FBO Summer Jean Douglas and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the Irrevocable Descendants' Trust FBO Summer Jean Douglas.