Throop Darren D 4
4 · IMAX CORP · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
IMAX Director Darren Throop Receives RSUs; Withholds Shares for Taxes
What Happened
- Darren D. Throop, a director of IMAX Corporation (IMAX), received a grant of 4,611 restricted share units (RSUs) that vested and converted into 4,611 common shares on June 11, 2026.
- To satisfy tax withholding obligations, 2,474 of those shares were withheld/disposed at a reported per-share value of $42.12, totaling $104,205. The net shares issued to Mr. Throop were 2,137 (4,611 vested − 2,474 withheld).
- This was an award/vesting transaction (company compensation), not an open-market purchase or discretionary sale.
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (timely filing — within required reporting window).
- Acquired: 4,611 shares via RSU conversion (reported at $0.00 exercise price as these were vested awards).
- Withheld/Disposed for taxes: 2,474 shares @ $42.12 each = $104,205.
- Net shares retained by insider: 2,137 common shares.
- Footnotes: RSUs represent one common share each; the RSUs vest and convert on the grant date; withholding was used to satisfy tax obligations (routine). Instruction 4(C)(iii) response left blank per filing.
- Shares owned after the transaction: not specified in the filing.
Context
- This was a compensation-related RSU vesting event with share withholding to cover taxes (a common, routine practice). The withheld shares are not an open-market sale indicating sentiment; the insider received a net increase of 2,137 shares.
Insider Transaction Report
Form 4
IMAX CORPIMAX
Throop Darren D
Director
Transactions
- Exercise/Conversion
common shares
[F1][F2]2026-06-11+4,611→ 40,655 total - Tax Payment
common shares
[F3]2026-06-11$42.12/sh−2,474$104,205→ 38,181 total - Award
restricted share units
[F4][F2][F5][F6]2026-06-11+4,611→ 4,611 totalExercise: $0.00→ common shares (4,611 underlying) - Exercise/Conversion
restricted share units
[F4][F2][F1][F7][F6]2026-06-11−4,611→ 0 totalExercise: $0.00→ common shares (4,611 underlying)
Holdings
- 36,044
common shares (opening balance)
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. Throop 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. Throop 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/ Darren D. Throop|2026-06-15