Demirian Eric A 4

4 · IMAX CORP · Filed Jun 15, 2026

AI-generated summary of this filing

Updated Jun 15, 2026

IMAX Director Eric Demirian Receives RSUs; Withholds Shares for Taxes

What Happened

Eric A. Demirian, a director of IMAX Corporation (IMAX), had 3,390 restricted share units (RSUs) vest and convert into common shares on June 11, 2026. The conversion was reported as an exercise/conversion of a derivative at $0 exercise price (i.e., RSUs converting to shares).
To satisfy tax withholding obligations, 1,842 of those newly issued shares were surrendered/withheld at an implied price of $42.12 per share, totaling $77,585. The net shares retained by Demirian from this event were 1,548 (3,390 vested − 1,842 withheld).

Key Details

Transaction date: June 11, 2026.
Vesting/conversion: 3,390 RSUs converted to common shares (derivative exercise/conversion reported at $0).
Tax withholding: 1,842 shares withheld/disposed at $42.12 per share, totaling $77,585 (reported as payment of tax liability).
Net new shares received: 1,548 common shares.
Footnotes: RSUs are the economic equivalent of one common share and vested/converted on the grant date (per filing). The share withholding was to satisfy tax obligations in connection with the conversion.
Shares owned after transaction: Not specified in the provided filing excerpt.
Filing timeliness: No late-filing indication shown in the provided information.

Context

This was an award/vesting event (RSUs converting to shares), not an open-market purchase or a voluntary sale; withholding shares to cover taxes is a common, administrative step and not necessarily a signal of insider sentiment.
The transaction codes used: A = award/grant, M = exercise/conversion of derivative, F = payment of exercise price or tax withholding.

Form 4

Period: 2026-06-11

Director

Transactions

Exercise/Conversion
common shares
[F1][F2]
2026-06-11+3,390→ 40,483 total
Tax Payment
common shares
[F3]
2026-06-11$42.12/sh−1,842$77,585→ 38,641 total
Award
restricted share units
[F4][F2][F5][F6]
2026-06-11+3,390→ 3,390 total
Exercise: $0.00→ common shares (3,390 underlying)
Exercise/Conversion
restricted share units
[F4][F2][F1][F7][F6]
2026-06-11−3,390→ 0 total
Exercise: $0.00→ common shares (3,390 underlying)

Holdings

Footnotes (7)

[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]Mr. Demirian is reporting the withholding of common shares to satisfy the tax withholding obligations in connection with the delivery of common shares upon conversion of the restricted share unit.
[F4]Each restricted share unit represents a contingent right to receive one common share of IMAX Corporation.
[F5]Mr. Demirian received a grant of restricted share units in connection with his membership on the IMAX Corporation Board of Directors.
[F6]The restricted share units vest and convert to common shares on the date of grant, June 11, 2026.
[F7]Pursuant to Instruction 4(C)(iii), this response has been left blank.

Signature

/s/ Eric A. Demirian|2026-06-15

1 file