Avanes Gilbert 4

What Happened
Avanes Gilbert, EVP, Chief Financial Officer & Treasurer of Reading International, Inc. (RDI), was granted 111,344 restricted stock units (RSUs) on April 27, 2026. The Form 4 records the transaction as an award/grant (code A) of a derivative security at $0.00, indicating RSUs were issued rather than shares purchased.

Key Details

• Transaction date: April 27, 2026; Form 4 filed April 29, 2026 (filed within standard timing, no late filing indicated).
• Grant: 111,344 Restricted Stock Units (RSUs); transaction recorded at $0.00 (derivative award).
• Vesting: RSUs will fully vest on April 27, 2027 (per footnote).
• Footnote summary: Each RSU represents the contingent right to receive one share of Class A Non‑Voting Common Stock upon vesting.
• Shares owned after the transaction: not disclosed in the provided filing details.

Context
This was an equity compensation grant (common for executives), not an open‑market purchase or sale. As a derivative award, the RSUs convert to shares only upon vesting (here, one year from grant). Such grants reflect compensation/actions by the company rather than an immediate buying or selling signal by the insider.