4Filed Aug 13, 8:00 PM ET
Cinemark (CNK) Director Lawrence Burian Receives Award
$CNK · Cinemark Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Cinemark (CNK) Director Lawrence Burian Receives Award
What Happened
Lawrence J. Burian, a director of Cinemark Holdings, received an award of 3,908 restricted common shares pursuant to the company's director compensation policy. The Form 4 reports the shares were acquired on 2026-08-12 at $0.00 per share (reported value $0) — this is a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-12 (reported on Form 4 filed 2026-08-14). Transaction code: A (award/grant).
- Reported price: $0.00 per share; reported total $0 (award/compensation).
- Shares acquired: 3,908 restricted common shares.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Annual award of restricted stock under the director compensation policy; par value $0.001 per share.
- Filing timeliness: Filed two days after the transaction (appears timely).
Context
This was a restricted stock award as part of director compensation. Restricted shares typically vest over time or subject to conditions, and are not the same as an open-market purchase that signals immediate personal investment. The grant is routine compensation for board service and should be interpreted accordingly.