Locke Gary 4
Research Summary
AI-generated summary
AMC Director Gary Locke Receives 96,619-Share Award
What Happened
- Gary Locke, a director of AMC Entertainment Holdings, received a grant of 96,619 shares of the issuer's Class A common stock on February 19, 2026. The reported acquisition price is $0.00 (award/grant under the company plan), so no cash was paid by the director.
Key Details
- Transaction date: 2026-02-19. Form filed: 2026-02-23 (timely filing).
- Transaction code: A (award/grant). Reported acquisition: 96,619 shares @ $0.00.
- Shares owned after the transaction: not specified in this filing.
- Footnote: These shares were granted under AMC’s 2024 Equity Incentive Plan as part of the Non-Employee Director Compensation Program. The shares must be retained for one year or until the end of Locke’s board service, if earlier.
- No indication of a sale, option exercise, or 10b5-1 plan in this filing.
Context
- This is a compensation-related award to a non-employee director rather than a market purchase or sale. Such awards are common for board compensation and do not, by themselves, indicate a trading decision. The retention requirement (one year or until board service ends) restricts immediate sale.