Tompkins Sidney Craig 4
Research Summary
AI-generated summary
Reading International (RDI) EVP Sidney Tompkins Receives RSU Award
What Happened
Tompkins Sidney Craig, EVP and General Counsel of Reading International, was granted 78,905 restricted stock units (RSUs) on April 27, 2026. The Form 4 reports this as an award (derivative security) with an acquisition price of $0 — the RSUs represent a contingent right to receive one share of Class A Non‑Voting Common Stock per unit upon vesting.
Key Details
- Transaction date: 2026-04-27; filing date (Form 4): 2026-04-29 (filed timely).
- Instrument: 78,905 Restricted Stock Units (derivative award), acquisition code A, price reported $0.
- Vesting: RSUs will fully vest on April 27, 2027 (see footnote F2).
- Footnote F1: Each RSU equals the right to one Class A non‑voting common share upon vesting.
- Shares owned after the transaction: not reported in the information provided.
- No immediate cash transaction or sale occurred — this is a compensation award, not an open‑market purchase or sale.
Context
RSU grants are a form of compensation that tie future stock delivery to continued service or performance (here, a one‑year vest). They do not represent an immediate transfer of shares or cash and should not be interpreted alone as a buy/sell signal. This Form 4 reflects a standard executive award rather than a trading event.