Campbell Kotzman Kelly 4

What Happened
Campbell Kotzman Kelly, a director of National CineMedia, received an award of 32,346 restricted stock units (RSUs) on 2026-05-07. The Form 4 lists the transaction as an award/grant (transaction code A) at $0.00 per unit (derivative acquisition), so no immediate cash purchase or sale occurred; the total reported value on the filing is $0.00.

Key Details

• Transaction date: 2026-05-07; Form filed: 2026-05-11 (appears to be within the two-business-day Form 4 filing window).
• Grant: 32,346 RSUs, price shown $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided details.
• Footnotes: each RSU represents the right to one share; the RSUs are scheduled to vest on May 7, 2027, only if the reporting person remains a director on that date; vested RSUs will convert to common shares and be delivered as soon as practicable following vesting.

Context
This is a compensation award (common for directors) rather than an open-market purchase or sale. The RSUs do not provide immediate tradable shares or cash — their eventual value will depend on NCMI's stock price at vesting. The award is contingent on continued service through the vesting date.