IMAX CORP·4

Jun 15, 4:08 PM ET

LEEBRON DAVID W 4

Research Summary

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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.