FELTHEIMER JON 4

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.