FELTHEIMER JON 4

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.