Kelleher Kimberly 4
4 · AMC Networks Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
AMC Networks (AMCX) CCO Kimberly Kelleher Receives RSUs; Shares Withheld
What Happened
- Kimberly Kelleher, Chief Commercial Officer of AMC Networks (AMCX), had multiple restricted stock units (RSUs vest and settle) on March 9, 2026. A total of 43,688 shares were issued upon conversion of RSUs (reported as derivative exercises, code M). To cover tax withholding, 15,748 of those shares were withheld (reported as dispositions, code F) at $8.05 per share, generating $126,771. Net new shares retained by Kelleher from these settlements: 27,940.
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
- RSU settlements shown as derivative conversions (code M) for 9,880; 12,870; and 20,938 shares.
- Shares withheld for taxes (code F): 3,561; 4,639; and 7,548 shares at $8.05 each (total $126,771).
- Net shares received after withholding: 43,688 − 15,748 = 27,940 shares.
- Footnotes: RSUs arose from grants on Apr 13, 2023 (footnote F1), Mar 12, 2024 (F3), and Mar 11, 2025 (F5). Withheld shares were used to satisfy tax withholding obligations and are reported as exempt under Rule 16b-3 (F2, F4, F6).
- Shares owned after the transactions are not specified in the provided excerpt of the filing.
Context
- This was not an open-market sale or purchase by Kelleher; it reflects routine vesting of previously granted RSUs and the company withholding a portion of shares to pay taxes (a common, administrative transaction).
- Derivative code M indicates conversion/settlement of RSUs to actual shares; code F indicates shares withheld for tax obligations. These transactions generally do not signal a bullish or bearish trade intent—just standard compensation vesting and tax withholding.
Insider Transaction Report
Form 4
Kelleher Kimberly
President & CCO
Transactions
- Exercise/Conversion
AMC Networks Inc. Class A Common Stock
[F1]2026-03-09+9,880→ 27,630 total - Tax Payment
AMC Networks Inc. Class A Common Stock
[F2]2026-03-09$8.05/sh−3,561$28,666→ 24,069 total - Exercise/Conversion
AMC Networks Inc. Class A Common Stock
[F3]2026-03-09+12,870→ 36,939 total - Tax Payment
AMC Networks Inc. Class A Common Stock
[F4]2026-03-09$8.05/sh−4,639$37,344→ 32,300 total - Exercise/Conversion
AMC Networks Inc. Class A Common Stock
[F5]2026-03-09+20,938→ 53,238 total - Tax Payment
AMC Networks Inc. Class A Common Stock
[F6]2026-03-09$8.05/sh−7,548$60,761→ 45,690 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-09−9,880→ 0 totalExp: 2026-03-09→ AMC Networks Inc. Class A Common Stock (9,880 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-09−12,870→ 12,870 totalExp: 2027-03-09→ AMC Networks Inc. Class A Common Stock (12,870 underlying) - Exercise/Conversion
Restricted Stock Units
[F5]2026-03-09−20,938→ 41,876 totalExp: 2028-03-09→ AMC Networks Inc. Class A Common Stock (20,938 underlying)
Footnotes (6)
- [F1]Each RSU was granted on April 13, 2023 under the AMC Networks Inc. 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 8, 2024 and one-third of the RSUs vested and were settled on March 7, 2025. The remaining one-third of the RSUs vested and settled on March 9, 2026.
- [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.
- [F3]Each RSU was granted on March 12, 2024 under the AMC Networks Inc. 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 7, 2025 and one-third of the RSUs vested and were settled on March 9, 2026. The remaining one-third of the RSUs will vest on March 9, 2027.
- [F4]Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 3 above, exempt under Rule 16b-3.
- [F5]Each RSU was granted on March 11, 2025 under the AMC Networks 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.
- [F6]Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 5 above, exempt under Rule 16b-3.
Signature
Anne G. Kelly, attorney-in-fact for Kim Kelleher|2026-03-11