IMAX CORP·4

Jun 15, 4:12 PM ET

SETTLE DANA R 4

Research Summary

AI-generated summary

Updated

IMAX Director Dana R. Settle Receives 3,390 Shares (RSU Vesting)

What Happened

  • Dana R. Settle, a member of the IMAX Corporation (IMAX) Board of Directors, was granted restricted share units (RSUs) that vested and converted into 3,390 common shares on June 11, 2026. The Form 4 shows the conversion/exercise of the derivative and the grant of RSUs; the shares were acquired at $0.00 (no cash outlay).

Key Details

  • Transaction date: June 11, 2026 (reported on Form 4 filed June 15, 2026).
  • Reported transaction types/codes: A = grant/award of RSUs; M = exercise/conversion of derivative (RSU conversion to common shares).
  • Shares acquired: 3,390 common shares via RSU vesting/ conversion; reported price $0.00 (compensation award).
  • Disposed entry on the form reflects the derivative conversion mechanics, not an open‑market sale of shares.
  • Shares owned after the transaction: not specified in the filing.
  • Filing timeliness: Form 4 was filed on June 15, 2026 (within the typical 2 business‑day reporting window).

Context

  • These RSUs were a board compensation award that vested and converted to common shares on the grant date; this is routine director compensation and not a market purchase or sale. Derivative reporting (grant + conversion) can create multiple line items on Form 4 even when no cash changes hands.