FELTHEIMER JON 4
4 · Lionsgate Studios Corp. · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Lionsgate (LION) CEO Jon Feltheimer Receives Equity Awards
What Happened
Jon Feltheimer, CEO of Lionsgate Studios Corp. (LION), was granted two equity awards on 2026-04-13: 4,500,000 derivative option shares (reported at $0.00) and 666,667 restricted stock units (RSUs, reported at $0.00). Both awards are performance- and service-contingent — they only vest/exercise if specified stock-price goals are achieved within five years and Feltheimer remains employed through the fifth anniversary (with limited exceptions).
Key Details
- Transaction date(s) and price(s): 2026-04-13; both awards reported at $0.00.
- Option tranches (4,500,000 total): 2,500,000 contingent on $17.50, 1,000,000 on $20.00, 1,000,000 on $22.50 (average closing price over 20 consecutive trading days).
- RSU tranches (666,667 total): 370,371 RSUs at $17.50, 148,148 at $20.00, 148,148 at $22.50; each RSU equals the right to receive one common share on vesting.
- Vesting condition for all tranches: both the price goal must be met within five years and employment must continue through the fifth anniversary (or earlier involuntary termination as specified).
- Shares owned after transaction: not disclosed in the provided excerpt — see the full Form 4 for total holdings.
- Filing: Form 4 filed 2026-04-15 (covers the 2026-04-13 grants); filing appears timely based on the reporting window.
- No sale/exercise or tax-withholding event in this filing; these are forward-looking, contingent awards (transaction code A).
Context
These are performance-based, long-term incentive awards rather than purchases or immediate stock transfers — they do not represent currently owned, freely tradable shares. For retail investors, such awards signal executive compensation tied to achieving specified stock-price milestones but do not indicate a current buy or sell by the insider. Check future Form 4 filings for vesting, exercises, or subsequent sales if and when thresholds are met.
Insider Transaction Report
- Award
Non-qualified stock options (right to buy)
[F1]2026-04-13+4,500,000→ 4,500,000 totalExercise: $11.07Exp: 2036-04-13→ Common Shares (4,500,000 underlying) - Award
Restricted Share Units
[F2][F3]2026-04-13+666,667→ 666,667 totalExp: 2031-04-13→ Common Shares (666,667 underlying)
Footnotes (3)
- [F1]The option consists of three tranches that will vest and be exercisable only if both (i) the stock price goal applicable to that tranche is achieved within five years after the grant date and (ii) the reporting person's employment with the Issuer continues through the fifth anniversary of the grant date (or, if earlier, an involuntary termination of employment with the Issuer). The stock price goals for the three tranches of the option are $17.50 (as to 2,500,000 shares), $20.00 (as to 1,000,000 shares) and $22.50 (as to 1,000,000 shares), and will be considered met if the average per share closing price of the Issuer's common shares over a period of twenty consecutive trading days equals or exceeds the goal.
- [F2]Each restricted share unit ("RSU") represents the right to receive, on vesting, one common share of the Issuer.
- [F3]The RSU consists of three tranches that will vest and be exercisable only if both (i) the stock price goal applicable to that tranche is achieved within five years after the grant date and (ii) the reporting person's employment with the Issuer continues through the fifth anniversary of the grant date (or, if earlier, an involuntary termination of employment with the Issuer). The stock price goals for the three tranches of the award are $17.50 (as to 370,371 RSUs), $20.00 (as to 148,148 RSUs) and $22.50 (as to 148,148 RSUs), and will be considered met if the average per share closing price of the Issuer's common shares over a period of twenty consecutive trading days equals or exceeds the goal.