READING INTERNATIONAL INC·4

Mar 17, 4:27 PM ET

COTTER MARGARET 4

Research Summary

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Updated

Reading International (RDI) 10% Owner Margaret Cotter Sells 12,108 Shares

What Happened

  • Margaret Cotter, a reported 10% owner of Reading International, disposed of 12,108 shares of Class A common stock on 2026-03-13. The shares were withheld at $1.07 per share, producing proceeds of $13,016. The transaction is coded F (shares withheld to cover tax withholding).

Key Details

  • Transaction date and price: 2026-03-13, 12,108 shares @ $1.07 each (total $13,016).
  • Transaction code: F — shares were withheld by the issuer to satisfy tax withholding obligations.
  • Footnote: Shares were withheld to cover tax obligations related to RSU vesting on April 5, April 18, and April 21, 2025, and to cover deferred delivery of the underlying Class A shares.
  • Filing timeliness: Report filed 2026-03-17; this filing date is within the required reporting window (timely).
  • Shares owned after transaction: Not specified in the provided filing.

Context

  • This disposition reflects tax withholding on restricted stock units (RSUs), not an open-market sale to raise cash; it reduces the insider’s outstanding shares only to satisfy tax obligations.
  • As a 10% owner, Cotter’s transactions are subject to different reporting thresholds; withholding transactions like this are generally administrative and do not necessarily indicate a change in investment view.