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Lionsgate Studios Corp.·4

Jul 6, 4:03 PM ET

FELTHEIMER JON 4

Research Summary

AI-generated summary

Updated

Lionsgate CEO Jon Feltheimer Receives RSU Awards; Shares Withheld

What Happened

  • Jon Feltheimer, CEO of Lionsgate Studios Corp. (LION), was granted a total of 1,248,603 restricted share units (RSUs) in filings dated July 1–3, 2026. At the same time, 742,443 shares were withheld/cancelled to satisfy tax withholding obligations upon vesting, generating aggregate proceeds of approximately $11.11 million.
  • Withholding transactions (coded F) occurred at prices from $14.66 to $15.31 per share on July 1 and July 3, 2026. Grant entries (coded A) record RSU awards (many with multi-year vesting schedules) under the Lionsgate Studios Corp. 2025 Performance Incentive Plan. These are awards/vesting events rather than open-market buys or discretionary sales.

Key Details

  • Transaction dates and prices:
    • July 1, 2026: RSU grants of 632,069; 175,799; and 243,833 (A). Withholdings: 92,558 @ $15.31 ($1,417,063); 92,558 @ $15.03 ($1,391,147); 128,378 @ $15.31 ($1,965,467); 128,378 @ $15.03 ($1,929,521).
    • July 3, 2026: RSU grant of 196,902 (A). Withholdings: 196,902 @ $14.66 ($2,886,583) and 103,669 @ $14.66 ($1,519,788).
  • Total RSUs reported as granted: 1,248,603. Total shares withheld/cancelled for taxes: 742,443. Total proceeds from withheld shares: ~$11.11M.
  • Shares owned after transaction: not disclosed in the provided filing details.
  • Notable footnotes: Awards include multiple RSU tranches with staggered vesting (some vesting July 3, 2026; others vest in 2027–2029). Several footnotes (F3, F6, F7, F9, F10, F12) confirm that shares were automatically withheld/cancelled to satisfy tax withholding upon vesting.
  • Timeliness: Filing date is July 6, 2026 for transactions on July 1–3, 2026; this appears to be later than the typical 2-business-day Form 4 deadline for some of the transactions.

Context

  • These transactions are RSU grants and standard share-withholding for tax obligations — not open-market sales or purchases. Withholding (F) is a routine, non-discretionary method companies use to satisfy taxes when RSUs vest (effectively a cashless tax payment).
  • For retail investors: awards indicate ongoing executive compensation but do not, by themselves, signal a buy or sell opinion. The withholding-generated proceeds go to cover taxes rather than indicating a voluntary sale by the insider.