Ostolaza Yvette 4
Research Summary
AI-generated summary
Lionsgate (LION) Director Yvette Ostolaza Receives 6,303-Share Award
What Happened
Yvette Ostolaza, a director of Lionsgate Studios Corp. (LION), was granted/received 6,303 common shares on April 1, 2026, at a reported price of $9.52 per share (transaction value ≈ $60,005). The filing indicates these shares were issued as director compensation rather than an open-market purchase.
Key Details
- Transaction date and terms: 2026-04-01 — 6,303 shares acquired at $9.52 each (total ≈ $60,005).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 — director fees paid in common shares; F2 — filing also notes 20,107 restricted share units (RSUs) granted, payable in common shares upon vesting (scheduled to vest Nov 28, 2026).
- Timeliness: Report filed Apr 3, 2026 for a Apr 1 transaction (filed within the standard Form 4 reporting window).
Context
This was a compensation-related grant (award of shares and RSUs) for a board director, not an open-market purchase or sale. Such awards are routine for director pay and reflect compensation rather than a direct buy/sell signal about company prospects. The RSUs will convert to shares only if and when they vest on Nov 28, 2026.