AMC Networks Inc.·4

Mar 11, 4:15 PM ET

Romanello Salvatore 4

4 · AMC Networks Inc. · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

AMC Networks (AMCX) EVP Salvatore Romanello Receives 16,750 Shares; 6,246 Withheld

What Happened

  • Salvatore Romanello, EVP & General Counsel of AMC Networks, had 16,750 restricted stock units (RSUs) vest and settle on March 9, 2026. Of those vested shares, 6,246 were withheld to satisfy tax withholding obligations at $8.05 per share (total $50,280), leaving a net issuance of 10,504 shares to Romanello. The filing reports the RSU settlement (recorded as derivative conversion/exercise entries and a tax-withholding disposal).

Key Details

  • Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely).
  • Gross shares settled: 16,750 RSUs; shares withheld for taxes: 6,246 at $8.05/share = $50,280; net shares issued to insider: 10,504.
  • Footnotes: RSUs were granted March 11, 2025 under the 2016 Employee Stock Plan; one-third vested/settled on 3/9/2026, with remaining tranches vesting on 3/9/2027 and 3/9/2028 (F1). Withholding of shares for taxes is exempt under Rule 16b-3 (F2).
  • Shares owned after the transaction are not specified in the provided filing.

Context

  • This was an RSU vesting/settlement, not an open-market buy or sale. Withholding shares to cover tax obligations is a routine administrative step (similar to a cashless exercise) and does not by itself indicate buying or selling sentiment.
  • The filing shows derivative conversion entries (code M) because RSUs were converted/settled into shares; code F denotes shares disposed to cover tax withholding.

Insider Transaction Report

Form 4
Period: 2026-03-09
Romanello Salvatore
EVP & General Counsel
Transactions
  • Exercise/Conversion

    AMC Networks Inc. Class A Common Stock

    [F1]
    2026-03-09+16,75043,939 total
  • Tax Payment

    AMC Networks Inc. Class A Common Stock

    [F2]
    2026-03-09$8.05/sh6,246$50,28037,693 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-0916,75033,501 total
    Exp: 2028-03-09AMC Networks Inc. Class A Common Stock (16,750 underlying)
Footnotes (2)
  • [F1]Each RSU was granted on March 11, 2025 under the AMC Networks Inc. A&R 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 9, 2026. The remaining RSUs will vest as follows: one-third on March 9, 2027 and one-third on March 9, 2028.
  • [F2]Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
Signature
/s/ Anne G. Kelly, attorney-in-fact for Mr. Romanello|2026-03-11

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT