BARGE JAMES W 4
4 · Lionsgate Studios Corp. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Lionsgate (LION) CFO James Barge Receives RSU Awards
What Happened
James W. Barge, Chief Financial Officer of Lionsgate Studios Corp. (LION), received multiple restricted share unit (RSU) awards on July 1 and July 3, 2026 (totaling 458,381 RSUs reported as acquisitions at $0.00). Concurrently, the company withheld a total of 225,252 common shares to satisfy tax-withholding obligations related to vesting (reported as dispositions), generating proceeds of approximately $3,383,862 across the reported withholding transactions. These withholding transactions are routine tax-related cancellations of shares, not open-market sales.
Key Details
- Transaction dates: July 1, 2026 and July 3, 2026. Form 4 filed July 6, 2026.
- RSU grants reported (acquisitions at $0.00): 237,026; 65,924; 91,438; 63,993 — total 458,381 RSUs granted (see footnotes for vesting schedules).
- Shares withheld (reported as dispositions to cover taxes): 33,542 @ $15.31; 33,542 @ $15.03; 46,524 @ $15.31; 46,524 @ $15.03; 32,560 @ $14.66 (reported twice) — total 225,252 shares; cash value ≈ $3,383,862.
- Shares owned after the transaction: not stated in the filing.
- Notable footnotes: grants include annual and performance RSUs with multi‑year vesting schedules (see F1–F12). Several footnotes (F3, F6, F7, F9, F10, F12) explain that shares were automatically canceled/withheld to cover tax obligations when RSUs vested.
- Filing timeliness: Form 4 was filed July 6. Because some transactions occurred July 1, those items appear to be reported after the typical two-business‑day Form 4 deadline (filed one business day late for the July 1 transactions).
Context
These entries reflect equity awards and standard tax-withholding mechanics—not discretionary open-market purchases or voluntary sales. RSU “acquisitions” here are grants that generally vest over future dates (per footnotes); the withheld/canceled shares represent the company covering the reporting person’s tax liability upon vesting (a common practice, sometimes called share withholding or cashless settlement). Such routine withholding transactions should not be interpreted as a directional buy/sell signal.
Insider Transaction Report
Form 4
BARGE JAMES W
Chief Financial Officer
Transactions
- Award
Common Shares
[F1][F2]2026-07-01+237,026→ 1,928,964 total - Tax Payment
Common Shares
[F3][F4]2026-07-01$15.31/sh−33,542$513,528→ 1,895,422 total - Award
Common Shares
[F5][F4]2026-07-01+65,924→ 1,961,346 total - Tax Payment
Common Shares
[F6][F4]2026-07-01$15.03/sh−33,542$504,136→ 1,927,804 total - Tax Payment
Common Shares
[F7][F8]2026-07-01$15.31/sh−46,524$712,282→ 1,881,280 total - Award
Common Shares
[F5][F8]2026-07-01+91,438→ 1,972,718 total - Tax Payment
Common Shares
[F9][F8]2026-07-01$15.03/sh−46,524$699,256→ 1,926,194 total - Tax Payment
Common Shares
[F10][F11]2026-07-03$14.66/sh−32,560$477,330→ 1,893,634 total - Award
Common Shares
[F5][F11]2026-07-03+63,993→ 1,957,627 total - Tax Payment
Common Shares
[F12][F11]2026-07-03$14.66/sh−32,560$477,330→ 1,925,067 total
Footnotes (12)
- [F1]Represents an annual equity award at 95% of target, granted pursuant to the terms of an employment agreement with the reporting person.
- [F10]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 63,993 RSUs. The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 32,560 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
- [F11]Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 65,924 RSUs scheduled to vest on July 1, 2027; (ii) 182,874 RSUs scheduled to vest in two equal annual installments on July 1, 2027 and 2028; and (iii) 237,026 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029.
- [F12]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 63,993 performance RSUs. The grant of the units is reported herein and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 32,560 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
- [F2]Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 63,993 scheduled to vest on July 3, 2026; (ii) 131,848 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 274,312 RSUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028; and (iv) 237,026 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029.
- [F3]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 65,924 RSUs. The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 33,542 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
- [F4]Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 63,993 scheduled to vest on July 3, 2026; (ii) 65,924 RSUs scheduled to vest on July 1, 2027; (iii) 274,312 RSUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028; and (iv) 237,026 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029.
- [F5]Represents common shares issued upon the vesting of performance RSUs granted pursuant to the terms of an employment agreement.
- [F6]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 65,924 performance RSUs. The grant of the units is reported herein and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 33,542 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
- [F7]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 91,438 RSUs. The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 46,524 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
- [F8]Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 63,994 scheduled to vest on July 3, 2026; (ii) 65,924 RSUs scheduled to vest on July 1, 2027; (iii) 182,874 RSUs scheduled to vest in two equal annual installments on July 1, 2027 and 2028; and (iv) 237.026 RSUs scheduled to vest in three equal annual installments on July 1, 2027, 2028 and 2029.
- [F9]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 91,438 performance RSUs. The grant of the units is reported herein and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 46,524 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
Signature
James W. Barge (By Adrian Kuzycz by Power of Attorney)|2026-07-06