Tobey Bruce 4

What Happened

• Tobey Bruce, General Counsel of Lionsgate Studios Corp., had 125,000 restricted stock units (RSUs) vest on May 20, 2026 (reported on May 21, 2026). The RSUs are reported as an award/acquisition (Code A) at $0.00 per share. To satisfy withholding taxes on the vesting, 63,600 common shares were automatically cancelled (reported as Code F) at an effective value of $12.43 per share, totaling $790,548. This award represents the vesting portion of Bruce’s fiscal 2025 annual incentive bonus.

Key Details

• Transaction date(s) and price(s): 2026-05-20 — 125,000 RSUs acquired @ $0.00 (Code A); 63,600 shares withheld/cancelled @ $12.43 each (Code F), total ~$790,548.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: F1 — RSUs reflect vesting of fiscal 2025 annual incentive bonus. F2 — The RSU amount includes multiple tranches scheduled to vest on future dates (e.g., 19,690 RSUs on July 3, 2026; 45,707 RSUs in two equal installments on July 1, 2026 & 2027; 45,742 RSUs in two equal installments on April 9, 2027 & 2028; and 87,780 RSUs in three equal annual installments starting July 1, 2026). F3 — 63,600 common shares were automatically cancelled by the issuer to satisfy tax withholding upon vesting.
• Timeliness: Filing dated 2026-05-21 for a 2026-05-20 event — appears timely (not marked late).

Context

• This was a vesting/award event (not an open-market purchase or voluntary sale). The 63,600-share disposition was a standard tax-withholding/net settlement to cover taxes on vested RSUs rather than a market sale; such withholding is routine and does not necessarily indicate a change in insider sentiment.