Pamon Steve 4
Research Summary
AI-generated summary
IMAX Director Steve Pamon Receives 3,390 Shares via RSU Vesting
What Happened
Steve Pamon, a director of IMAX Corporation (IMAX), was granted and immediately vested in 3,390 restricted share units (RSUs) that converted into 3,390 common shares on June 11, 2026. The Form 4 shows the shares were acquired at $0.00 (no cash paid). The filing records both the grant/award of RSUs and the conversion/settlement of those derivative units into common shares.
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (timely).
- Shares involved: 3,390 RSUs granted and 3,390 common shares issued upon vesting/conversion.
- Price: shares acquired at $0.00 (RSU conversion); no purchase price shown.
- Footnotes: RSUs are economic equivalents of one common share each, granted for board service and vesting/convert on the grant date (per footnotes F1–F5). The "disposed" derivative entry reflects settlement/conversion of the RSUs into common stock.
- Shares owned after the transaction: not specified in this Form 4.
Context
This was an equity award for board service (not an open-market purchase or sale). Converting RSUs into shares is routine compensation and does not necessarily indicate a personal buy/sell decision. No cashless sale or tax-withholding disposition is reported in this filing.