Goldsmith Brian 4

What Happened Brian Goldsmith, Chief Operating Officer of Lionsgate Studios Corp. (LION), had 62,500 restricted share units (RSUs) vest on May 20, 2026 (reported as an award). To satisfy tax withholding obligations, 31,800 common shares were surrendered/disposed at $12.43 per share for a value of $395,274. Net shares delivered to Goldsmith from this vesting were 30,700 RSUs (62,500 vested minus 31,800 withheld). This was RSU vesting tied to compensation, not an open-market purchase or discretionary sale.

Key Details

• Transaction date: 2026-05-20 (filed on 2026-05-21; filing was next-business-day/timely).
• Grant/Award (Code A): 62,500 RSUs vested (reported at $0.00 acquisition price in the Form 4).
• Tax withholding (Code F): 31,800 shares surrendered at $12.43 each for $395,274 to cover taxes; these shares were automatically canceled by the issuer.
• Shares owned after transaction: not specified in the provided filing details.
• Relevant footnotes:
  • F1: Vesting represents portion of Goldsmith’s fiscal 2025 annual incentive bonus paid in RSUs.
  • F2: Filing notes additional RSU grants that vest in future installments (68,916 on July 3, 2026; 123,059 in two equal installments July 1, 2026 & 2027; 256,024 in three equal installments July 1, 2026, 2027 & 2028).
  • F3: The 31,800-share disposition reflects shares canceled by the issuer to satisfy tax withholding (i.e., cashless share withholding).

Context This activity is routine compensation-related vesting and tax withholding rather than an open-market sale or a purchase. When insiders surrender shares to cover taxes, it does not necessarily indicate buy/sell sentiment about the company; it is a common administrative step upon RSU vesting.