IMAX CORP·4

Jun 15, 4:05 PM ET

DOUGLAS KEVIN 4

Research Summary

AI-generated summary

Updated

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.