DOLAN JAMES LAWRENCE 4

What Happened
Kristin A. Dolan, CEO of AMC Networks (AMCX), had 99,108 restricted stock units (RSUs) convert/settle into 99,108 shares on February 27, 2026. To cover tax withholding, 35,728 of those shares were withheld at an implied price of $8.17 per share (total withheld value reported as $291,898). The RSU settlement is reported as an exercise/conversion of a derivative (Form 4 code M) with the acquired shares showing a $0 acquisition price (typical for vested RSUs).

Key Details

• Transaction date: February 27, 2026
• Shares converted/settled: 99,108 shares (RSU settlement) acquired at $0.00 per share
• Shares withheld for taxes: 35,728 shares at $8.17 per share = $291,898 (code F for tax withholding)
• Net shares added to holdings from this settlement: 63,380 shares (99,108 − 35,728)
• Footnotes: RSUs granted under the 2016 Employee Stock Plan; withholding is exempt under Rule 16b-3. Filing notes shares held jointly with spouse and other disclosures about family holdings. One-third of the award vested each year (2024, 2025, 2026).
• Filing timeliness: no late-filing flag provided in the report.

Context
This was a routine RSU vesting and settlement, not an open-market sale or purchase. The withholding of shares to satisfy tax obligations is a common administrative action and does not necessarily indicate a change in insider sentiment. Conversions of RSUs (reported as derivative conversions) typically show $0 acquisition price because the units convert to shares upon vesting.