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AMC Networks Inc.·4

Mar 13, 4:13 PM ET

McDermott Dan 4

Research Summary

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Updated

AMC Networks (AMCX) CCO Dan McDermott Receives 100,756 RSUs

What Happened

  • Dan McDermott, Chief Content Officer of AMC Networks (AMCX), was granted 100,756 restricted stock units (RSUs) on March 11, 2026. The grant is a compensation award (derivative instrument); no cash price or sale occurred. The filing lists the transaction as an award/grant (code A).

Key Details

  • Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely).
  • Amount: 100,756 RSUs; no per-share price (grant of units rather than an open-market trade).
  • Vesting: Per footnote, the RSUs vest one-third on March 9, 2027, one-third on March 9, 2028, and one-third on March 9, 2029.
  • Plan: Granted under the AMC Networks A&R 2016 Employee Stock Plan.
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Filed within the standard Form 4 reporting window (not marked late).

Context

  • RSUs are a form of compensation that give the holder the right to receive shares (or cash equivalent) in the future if vesting conditions are met; they are not an open-market purchase and do not by themselves indicate immediate insider buying or selling. This award reflects company compensation practices rather than an immediate trade.