Cinemark (CNK) Valmir Fernandes Sells 20,000 Shares

What Happened
Valmir Fernandes, President — Cinemark International, disposed of 20,000 Cinemark Holdings (CNK) shares on September 11, 2026. The shares were reported at a weighted-average sale price of $35.17 per share for total proceeds of approximately $703,400. This was a disposition (sale) to the issuer rather than a purchase; sales by insiders are often routine and do not necessarily signal a change in company outlook.

Key Details

• Transaction date: 2026-09-11
• Transaction type/code: Disposition to issuer (D) — sale of shares back to the company
• Price: weighted-average $35.17 per share (Footnote F1 confirms the price is a weighted average)
• Shares sold: 20,000; gross proceeds ≈ $703,400
• Shares owned after transaction: not specified in the provided filing details
• Filing timeliness: Reported and filed with a period/end date of 2026-09-11 (appears timely)
• No 10b5-1 plan, tax-withholding, or other explanatory footnotes were provided beyond F1

Context
A "disposition to issuer" means the insider transferred shares back to the company; filings like this do not always state the reason (e.g., surrender to satisfy obligations, company repurchase, or other corporate actions). As a sale, this is informational for investors but does not by itself indicate company performance or insider sentiment.