AMC SVP gets stock units; shares withheld for tax
AMC Entertainment Holdings executive Edwin F. Gladbach received 26,206 shares of Class A common stock from the vesting of previously granted performance stock units, at no purchase price.
Rhea-AI Filing Summary
AMC Entertainment Holdings executive Edwin F. Gladbach received 26,206 shares of Class A common stock from the vesting of previously granted performance stock units, at no purchase price. On the same date, 13,427 shares were withheld to cover tax obligations, leaving him with 29,324 directly owned shares. Footnotes note additional contingent equity grants that could bring his total to 470,938 shares if future service and performance conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 26,206 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | CLASS A COMMON STOCK | 13,427 | $0.00 | $0.00 |
Footnotes (3)
- F1. Shares issued based upon the vesting of certain Performance Stock Units ("PSUs") granted to the Reporting Person in 2023, 2024 and 2025 under the Issuer's Equity Incentive Plans ("EIP"). The PSUs were granted subject to performance and service based vesting conditions. The PSUs vested based upon attainment of performance goals as certified by the Issuer's Compensation Committee of the Board of Directors (the "Committee") and the Reporting Person's satisfaction of the service conditions.
- F2. Shares otherwise issuable were withheld to satisfy the Reporting Person's tax obligations arising from the vesting events described in note 1 above.
- F3. Does not include shares issuable upon future vesting of contingent equity grants, including 220,807 shares issuable based upon satisfaction of service conditions and 220,807 shares issuable upon attainment of both performance goals and satisfaction of service conditions, which, when combined with the ownership reported above, would represent a total of 470,938 shares.
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