Tobey Bruce 4
4 · Lionsgate Studios Corp. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Lionsgate (LION) GC Tobey Bruce — 4,430 Shares Withheld for Taxes
What Happened Tobey Bruce, General Counsel of Lionsgate Studios Corp. (LION), had 4,430 common shares withheld/cancelled on March 27, 2026 to satisfy tax withholding obligations related to the vesting of restricted share units (RSUs). The shares were valued at $9.39 each, for a total of $41,598. This was not an open‑market sale but an internal share withholding to cover taxes upon vesting.
Key Details
- Transaction date: 2026-03-27; Filing date (Form 4): 2026-03-30 (appears timely).
- Action: Shares withheld/cancelled for tax withholding (code F); 4,430 shares at $9.39 = $41,598.
- Vesting referenced: 8,707 RSUs vested, of which 4,430 shares were withheld to cover tax obligations (footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Additional RSU context (footnote F2): The filing notes multiple outstanding RSU grants scheduled to vest across 2026–2028 (examples include 19,690 RSUs vesting July 3, 2026; 45,707 RSUs vesting in two installments on July 1, 2026 & 2027; others vesting in 2026–2028).
Context This is a routine tax‑withholding/cashless share withholding related to RSU vesting, not a market sale or purchase. Such withholdings are administrative and generally do not signal a change in the insider’s market view.
Insider Transaction Report
Form 4
Tobey Bruce
General Counsel
Transactions
- Tax Payment
Common Shares
[F1][F2]2026-03-27$9.39/sh−4,430$41,598→ 297,231 total
Footnotes (2)
- [F1]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 8,707 restricted share units ("RSUs"). The grant of the units was previously reported and, pursuant to the Lionsgate Studios Corp. 2025 Performance Incentive Plan and the Issuer's policies, 4,430 common shares were automatically canceled to cover certain of the reporting person's tax obligations.
- [F2]Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 19,690 RSUs scheduled to vest on July 3, 2026; (ii) 45,707 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 68,614 RSUs scheduled to vest in three equal annual installments on April 9, 2026, 2027 and 2028; and (iv) 87,780 SUs scheduled to vest in three equal annual installments on July 1, 2026, 2027 and 2028.
Signature
Bruce Tobey (By Adrian Kuzycz by Power of Attorney)|2026-03-30