Berman Gail 4

What Happened

• Gail Berman, a director of IMAX Corporation (IMAX), received a grant of 3,390 restricted share units (RSUs) that vested and converted into 3,390 common shares on June 11, 2026. The conversion shows an acquisition at $0.00 per share (no cash paid by the insider). There is no open-market sale reported — the reported "disposed" derivative entry reflects the settlement/conversion of the RSUs into shares, not a sale.

Key Details

• Transaction date: June 11, 2026 (reported on Form 4 filed June 15, 2026). The filing appears to be within the SEC two-business-day reporting window.
• Shares acquired on conversion: 3,390 common shares; reported exercise/conversion price: $0.00 (no purchase cost).
• Shares owned after transaction: not specified in this filing.
• Footnotes: RSUs represent a contingent right to receive one common share each and converted upon vesting on the grant date (company board compensation). (See footnotes: conversion on vesting; each RSU = one common share; grant was for board service; vesting and conversion occurred on June 11, 2026.)
• No 10b5-1 plan, tax-withholding, or other sale instructions are disclosed in this filing.

Context

• RSU grants and subsequent automatic conversion into shares are common forms of director compensation and generally reflect routine equity compensation rather than an insider market-directional trade. Because the RSUs vested and converted into shares with no cash outlay, this is an award/settlement event, not a purchase or open-market sale.