Glazek David Edward 4

What Happened

• David Edward Glazek, a director of National CineMedia, Inc. (NCMI), received a grant of 32,346 restricted stock units (RSUs) on May 7, 2026. The Form 4 reports an acquisition at $0.00 because these are equity awards (not an open‑market purchase), so no cash was exchanged at grant.

Key Details

• Transaction date: 2026-05-07 (reported on Form 4 filed 2026-05-11; filing appears timely).
• Award: 32,346 restricted stock units (RSUs) reported as acquired at $0.00.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: Each RSU equals the right to one share (F1). The RSUs vest on May 7, 2027 only if Glazek remains a director; vested RSUs will convert to common shares and be delivered as soon as practicable (F2).
• Filing timeliness: Reported within the normal Form 4 window (filed May 11 for a May 7 transaction).

Context

• This is an equity grant (award) to a director rather than a market buy or sale. Grants like this are common as compensation or retention tools and do not, by themselves, indicate trading intent. The RSUs are derivative awards that convert to ordinary shares upon vesting one year later, subject to continued service.