FELTHEIMER JON 4/A
Research Summary
AI-generated summary
Lionsgate (LION) CEO Jon Feltheimer Receives RSU Award; 103,669 Shares Withheld
What Happened
Jon Feltheimer, CEO of Lionsgate Studios Corp. (LION), received 196,902 restricted share units (RSUs) that vested on July 3, 2026 (award code A, $0 per share). To satisfy tax withholding obligations, 103,669 common shares were automatically canceled/withheld (disposition code F) at a reported price of $14.66 per share, totaling $1,519,788. The filing is an amendment clarifying that 103,669 shares — not 196,902 — were withheld.
Key Details
- Transaction date: July 3, 2026; Amended Form 4 filed July 10, 2026.
- Award: 196,902 RSUs granted/vested (reported as acquisition A at $0.00).
- Withholding/disposition: 103,669 shares canceled to cover taxes; reported price $14.66/share; proceeds/value shown $1,519,788 (code F).
- Footnote highlights: amendment corrects the withheld share count (F1, F4); RSUs are performance-based and scheduled to vest on future dates per grant terms (see F2, F3).
- Filing status: This is an amended filing correcting the withholding amount; the amendment was submitted about one week after the July 3 transaction.
Context
- What this means: The "acquisition" reflects RSUs vesting (shares issued at no cash price). The "disposition" here is not an open-market sale but shares withheld/canceled by the company to satisfy tax withholding — a routine administrative step, not necessarily a signal of selling conviction.
- Additional vesting: Footnotes indicate multiple performance RSU tranches remain scheduled to vest in 2027–2029 (see F2).
- Codes explained: A = award/grant (RSU vesting); F = payment of exercise price or tax liability (shares withheld for taxes).