FELTHEIMER JON 4
4 · Lionsgate Studios Corp. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Lionsgate (LION) CEO Jon Feltheimer Receives RSU Award; Shares Canceled
What Happened
Jon Feltheimer, CEO of Lionsgate Studios Corp. (LION), had 662,500 restricted share units (RSUs) vest on May 20, 2026 (recorded as an award/acquisition at $0.00). To satisfy tax-withholding obligations on that vesting, 348,896 shares were canceled by the company (disposition reported at $12.43 per share, total value $4,336,777). Net shares delivered to Feltheimer after withholding were approximately 313,604 RSUs converted to common shares.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 21, 2026 (timely).
- Award: 662,500 RSUs granted/vested (code A; acquisition recorded at $0.00).
- Withholding: 348,896 shares canceled to satisfy taxes (code F) at $12.43, totaling $4,336,777.
- Net shares retained: ~313,604 common shares issued after withholding (662,500 − 348,896).
- Relevant footnotes:
- F1: Vesting represents part of Feltheimer’s fiscal 2025 annual incentive bonus.
- F2: The reported amount includes RSU grant tranches scheduled to vest on 7/3/2026 (196,903), in two equal installments on 7/1/2026 and 7/1/2027 (351,597 total), and in three equal installments on 7/1/2026–2028 (731,497 total).
- F3: The 348,896 shares were automatically canceled by the issuer to satisfy tax withholding upon vesting.
- Shares owned after the transaction are not specified in the filing.
Context
This was a routine RSU vesting with shares withheld/canceled to cover tax obligations (a common, non-open-market disposal). The filing shows an award (vest) and internal tax-withholding cancellation rather than a voluntary sale on the open market.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-05-20+662,500→ 4,133,512 total - Tax Payment
Common Shares
[F3][F2]2026-05-20$12.43/sh−348,896$4,336,777→ 3,784,616 total
Footnotes (3)
- [F1]Represents the vesting of the portion of the reporting person's fiscal 2025 annual incentive bonus in restricted share units ("RSUs").
- [F2]Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 196,903 RSUs scheduled to vest on July 3, 2026; (ii) 351,597 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; and (iii) 731,497 RSUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028.
- [F3]Represents common shares automatically canceled by the Issuer to satisfy certain tax withholding obligations upon the vesting of 662,500 RSUs.