Globe Anne 4
4 · IMAX CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
IMAX CMO Anne Globe Converts RSUs; Company Withholds 6,904 Shares
What Happened Anne Globe, Chief Marketing Officer of IMAX Corporation (IMAX), had vested restricted share units (RSUs) convert into common shares on March 7, 2026. The filing shows conversions/exercises of RSUs that resulted in the acquisition of shares (12,225 and 5,500 shares), and IMAX withheld 6,904 of the resulting shares to satisfy tax withholding obligations at $40.80 per share (total value withheld ≈ $281,683). The report also records a separate grant/award of 12,512 restricted share units (RSUs) to Ms. Globe. The conversions are reported at $0 because they reflect RSU settlement, not a cash purchase.
Key Details
- Transaction date: March 7, 2026 (filed March 10, 2026).
- Conversions/exercises: 12,225 and 5,500 RSUs converted into common shares (reported as derivative exercises, code M).
- Tax withholding: 6,904 shares were withheld by IMAX to cover tax obligations (code F) at $40.80/sh — total ≈ $281,683.
- New grant: 12,512 RSUs awarded (code A); RSUs are derivative awards that convert to shares.
- Shares after transactions: 18,574 common shares; 35,739 remaining RSUs (aggregate balances after these transactions).
- Relevant footnotes: conversions represent vested RSUs converting to one common share each; withholding is to satisfy tax liability; vesting schedules for other RSU tranches are noted in the filing.
- Timeliness: Filed March 10, 2026 for a March 7, 2026 event — no late filing flag indicated.
Context This was an RSU settlement and tax-withholding event, not an open-market sale or cash purchase. The withholding of shares is routine for tax purposes (a cashless-like settlement) and does not itself indicate a directional bet by the insider. The new RSU grant increases Ms. Globe’s remaining unvested RSU balance and will vest per the schedules disclosed in the filing.
Insider Transaction Report
- Exercise/Conversion
common shares
[F1]2026-03-07+12,225→ 19,978 total - Exercise/Conversion
common shares
[F2]2026-03-07+5,500→ 25,478 total - Tax Payment
common shares
2026-03-07$40.80/sh−6,904$281,683→ 18,574 total - Exercise/Conversion
restricted share units
[F3][F4][F5][F8]2026-03-07−12,225→ 12,227 totalExercise: $0.00→ common shares (12,225 underlying) - Exercise/Conversion
restricted share units
[F3][F4][F6][F8]2026-03-07−5,500→ 11,000 totalExercise: $0.00→ common shares (5,500 underlying) - Award
restricted share units
[F3][F4][F7][F8]2026-03-07+12,512→ 12,512 totalExercise: $0.00→ common shares (12,512 underlying)
- 7,753
common shares (opening balance)
Footnotes (8)
- [F1]Represents the conversion of vested restricted share units into common shares.
- [F2]Ms. Globe is reporting the withholding of common shares by IMAX Corporation to satisfy the tax withholding obligations in connection with the delivery of common shares upon the conversion of the restricted shares unit transaction.
- [F3]Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- [F4]Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- [F5]The restricted share units vest and will be converted to common shares in three installments: 12,225 on each of March 7, 2025 and March 7, 2026 and 12,227 on March 7, 2027.
- [F6]The restricted share units vest and will be converted to common shares in three equal installments: 5,500 on each of March 7, 2026, March 7, 2027 and March 7, 2028.
- [F7]The restricted share units vest and will be converted to common shares in three installments: 4,170 on each of March 7, 2027 and March 7, 2028 and 4,172 on March 7, 2029.
- [F8]This represents the number of restricted share units for this transaction only. Ms. Globe's aggregate remaining restricted share units and common share balances following these transactions are 35,739 and 18,574, respectively.