LEEBRON DAVID W 4
4 · IMAX CORP · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
IMAX Director David W. Leebron Receives 3,390 RSUs
What Happened
David W. Leebron, a director of IMAX Corporation (IMAX), was granted 3,390 restricted share units (RSUs) in connection with his board service that vested and converted into 3,390 common shares on June 11, 2026. The filing records the conversion/acquisition at $0.00 (3,390 shares acquired, aggregate $0). The same filing also reports a corresponding disposition entry for 3,390 derivative shares (reported with N/A price).
Key Details
- Transaction date: June 11, 2026 (grant/vesting and conversion)
- Reported acquisition: 3,390 shares @ $0.00 (conversion of RSUs)
- Reported disposition: 3,390 derivative shares (price N/A) — filing does not specify the reason for the disposition
- Grant context: RSUs granted for board membership and vest/convert to shares on grant date (per footnotes)
- Shares owned after transaction: not disclosed in the Form 4 filing
- Filing date: June 15, 2026 — filing appears to be within the required two business days after the June 11 transaction
- Codes: A = award/grant (RSUs); M = exercise/conversion of derivative
Context
These entries reflect compensation-related RSUs that vested and converted into common shares rather than a market purchase or open-market sale. RSUs are commonly used for director compensation and do not necessarily indicate a personal buy/sell decision about the stock; the filing’s reported disposition is not explicitly described (e.g., tax withholding or sale) in the footnotes.
Insider Transaction Report
- Exercise/Conversion
common shares
[F1][F2]2026-06-11+3,390→ 131,083 total - Award
restricted share units
[F3][F2][F4][F5]2026-06-11+3,390→ 3,390 totalExercise: $0.00→ common shares (3,390 underlying) - Exercise/Conversion
restricted share units
[F3][F2][F1][F6][F5]2026-06-11−3,390→ 0 totalExercise: $0.00→ common shares (3,390 underlying)
- 127,693
common shares (opening balance)
- 1,300(indirect: By Spouse)
common shares (opening balance)
Footnotes (6)
- [F1]Represents the conversion upon vesting of restricted share units into common shares.
- [F2]Each restricted share unit is the economic equivalent of one common share of IMAX Corporation.
- [F3]Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
- [F4]Mr. Leebron received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
- [F5]The restricted share units vest and convert to common shares on the date of grant, June 11, 2026.
- [F6]Pursuant to Instruction 4(C)(iii), this response has been left blank.