Zlatar Jose Aleksandr 4
4 · IMAX CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
IMAX SVP Jose Zlatar Converts RSUs; Shares Withheld for Taxes
What Happened
Jose Aleksandr Zlatar, SVP, Controller & Principal Accounting Officer of IMAX Corporation, had vested restricted stock units (RSUs) converted into common shares on March 7, 2026. A total of 2,333 shares were issued on conversion (1,000 + 1,333). IMAX withheld 1,250 of those shares to satisfy tax withholding obligations, valued at $40.80 per share (total withholding value $51,000). In addition, Mr. Zlatar was granted 2,028 RSUs in this filing.
Key Details
- Transaction date: March 7, 2026 (reported March 10, 2026).
- Conversions: 1,000 + 1,333 RSUs converted to common shares (total 2,333).
- Tax withholding: 1,250 shares withheld by IMAX at $40.80/share = $51,000 (disposition for tax).
- New grant: 2,028 RSUs awarded (derivative, $0 exercise price).
- Holdings after transactions: 6,695 RSUs remaining and 1,083 common shares owned (per filing).
- Footnotes: confirm these were RSU conversions (each RSU = right to one common share) and that withholding was used to satisfy tax obligations. Vesting for various RSU tranches occurs in installments (see filing footnotes for specific schedules).
Context
- This was not an open‑market sale by the insider; the company withheld shares to cover taxes upon RSU conversion (a common net settlement approach).
- Converting RSUs and receiving new RSU awards are routine equity‑compensation events and do not, by themselves, indicate a personal market view.
- For investors tracking insider activity, purchases are typically more informative than routine conversions/withholdings; this filing mainly reflects standard compensation mechanics.
Insider Transaction Report
Form 4
IMAX CORPIMAX
Zlatar Jose Aleksandr
SVP, Controller & PAO
Transactions
- Exercise/Conversion
common shares
[F1]2026-03-07+1,000→ 1,000 total - Exercise/Conversion
common shares
[F1]2026-03-07+1,333→ 2,333 total - Tax Payment
common shares
[F2]2026-03-07$40.80/sh−1,250$51,000→ 1,083 total - Exercise/Conversion
restricted share units
[F3][F4][F5][F8]2026-03-07−1,000→ 2,000 totalExercise: $0.00→ common shares (1,000 underlying) - Exercise/Conversion
restricted share units
[F3][F4][F6][F8]2026-03-07−1,333→ 2,667 totalExercise: $0.00→ common shares (1,333 underlying) - Award
restricted share units
[F3][F4][F7][F8]2026-03-07+2,028→ 2,028 totalExercise: $0.00→ common shares (2,028 underlying)
Footnotes (8)
- [F1]Represents the conversion of vested restricted share units into common shares.
- [F2]Mr. Zlatar 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 equal installments: 1,000 on each of March 7, 2026, March 7, 2027 and March 7, 2028.
- [F6]The restricted share units vest and will be converted to common shares in three installments: 1,333 on each of March 7, 2026 and March 7, 2027 and 1,334 on March 7, 2028.
- [F7]The restricted share units vest and will be converted to common shares in three equal installments: 676 on each of March 7, 2027, March 7, 2028 and March 7, 2029.
- [F8]This represents the number of restricted share units for this transaction only. Mr. Zlatar's aggregate remaining restricted share units and common share balances following these transactions are 6,695 and 1,083, respectively.
Signature
/s/ Kenneth I. Weissman (attorney-in-fact for Jose Aleksandr Zlatar)|2026-03-10