COTTER MARGARET 4

What Happened
Margaret Cotter, a reported 10% owner of Reading International, had restricted stock units (RSUs) convert into a total of 33,472 shares of Class A Non‑Voting Common Stock. The filing shows conversions/settlements on April 18, 2026 (8,768 RSUs) and April 21, 2026 (24,704 RSUs). Each conversion is reported with $0 paid (the filing shows acquisition and corresponding $0 disposition entries), meaning these were vestings/settlements of previously granted RSUs rather than open‑market purchases or cash option exercises.

Key Details

• Transaction dates and amounts:
  • April 18, 2026 — 8,768 RSUs converted to shares (reported as derivative M, $0).
  • April 21, 2026 — 24,704 RSUs converted to shares (reported as derivative M, $0).
• Total shares converted: 33,472 shares.
• Price/consideration: $0 reported on the disposition lines — reflects settlement of RSUs (no cash paid).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Each RSU represents the right to one Class A share on vesting.
  • F3 & F5: The 8,768 and 24,704 RSUs were fully vested on the respective dates; underlying shares will be delivered according to Cotter’s irrevocable deferral election.
  • Earlier grant schedules (F2, F4) describe original grant and vesting schedules (2022 and 2023 grants), including performance RSUs subject to committee certification.
• Timeliness: Filing date Apr 21, 2026; no late filing flag indicated in the report.

Context
These filings reflect RSU vesting/settlement (derivative conversion) rather than a market buy or sale. There was no immediate sale reported — shares are being delivered per a deferral election — so this is a routine vesting/settlement event for a 10% owner, not necessarily a directional market signal.