Director Gary Locke receives 96,619 AMC (NYSE: AMC) shares in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Locke Gary reported acquisition or exercise transactions in this Form 4 filing.
AMC Entertainment Holdings director Gary Locke received a stock grant of 96,619 shares of Class A common stock. The award was made at a price of $0.00 per share under AMC’s 2024 Equity Incentive Plan through its Non-Employee Director Compensation Program.
After this grant, Locke directly holds 160,658 AMC Class A shares. The granted shares must be kept for one year or until he leaves the board, whichever occurs first, reinforcing alignment between his compensation and the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Locke Gary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 96,619 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 160,658 shares (Direct)
Footnotes (1)
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FAQ
What did AMC (AMC) director Gary Locke report in this Form 4 filing?
Gary Locke reported receiving a grant of 96,619 AMC Class A shares. The award was issued at $0.00 per share under AMC’s 2024 Equity Incentive Plan, increasing his direct holdings to 160,658 shares after the transaction.
Does this AMC (AMC) Form 4 show a purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Gary Locke acquired 96,619 AMC shares as a director stock award at $0.00 per share under the 2024 Equity Incentive Plan.