IMAX CORP·4

Mar 10, 4:05 PM ET

Globe Anne 4

Research Summary

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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.