DOLAN JAMES LAWRENCE 4

What Happened

• Kristin A. Dolan, CEO of AMC Networks (AMCX), had restricted stock units (RSUs) vest and converted to common shares on March 9, 2026. A total of 197,637 shares were issued on conversion (37,049 + 61,133 + 99,455).
• To satisfy tax withholding obligations, 100,892 of those shares were withheld/disposed (18,913 + 31,208 + 50,771) at a reported withholding value of $8.05 per share, resulting in aggregate tax withholding of approximately $812,181.
• Net result: Dolan received about 96,745 net shares (197,637 issued minus 100,892 withheld). This transaction reflects RSU vesting and routine tax withholding rather than an open-market purchase or sale for investment.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (filed timely).
• Conversion/acquisition reported as code M (exercise/conversion of derivative); withholding reported as code F (payment of exercise price or tax liability).
• Withholding price used: $8.05 per share; total withholding value ≈ $812,181.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: RSUs granted under AMC Networks 2016 Employee Stock Plan (each RSU = 1 share or cash equivalent).
  • F4: Shares withheld to satisfy tax obligations; exempt under Rule 16b-3.
  • F6–F8: Vesting schedule notes — portions vested and settled on prior dates and March 9, 2026.
  • F2–F5: Some securities are held jointly with spouse or for minor children (disclaimers of beneficial ownership apply).

Context

• This was a routine RSU vesting/settlement with shares withheld to cover taxes (a common "cashless" treatment). Such withholding is administrative and should not be interpreted as a directional buy or sell signal.
• The filing includes derivative conversion lines (M) because vested RSUs were converted into common stock; the F lines reflect the share surrender used to pay tax obligations.