Ng Ronnie Y. 4

What Happened

• Ronnie Y. Ng, Chief Financial Officer of National CineMedia, sold 19,000 shares of NCMI common stock in an open-market transaction on June 22, 2026.
• The reported average sale price was $3.42 per share (range $3.35–$3.48), for total proceeds of approximately $64,948.
• This was a sale (not a purchase); sales are commonly routine disposition of holdings and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date: 2026-06-22; Filing date (accession): 2026-06-26.
• Price: average $3.42 per share; price range reported $3.35 to $3.48 (see footnote).
• Shares sold: 19,000; estimated proceeds: $64,948.
• Footnote: Sale made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 20, 2026.
• Shares owned after transaction: not provided in the summary you supplied.
• Timeliness: The Form 4 was filed four days after the trade (filed 6/26 for a 6/22 trade), which is later than the typical two-business-day reporting requirement — late filing can reduce prompt transparency for investors.

Context

• This was an open-market sale under a pre-established 10b5-1 plan, which often authorizes routine trades regardless of non-public information.
• Sales are less informative than purchases about insider conviction; avoid inferring motive from a single sale.