AMC Global Media (AMCX) director receives 10,926 cash-settled stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOLAN THOMAS CHARLES reported acquisition or exercise transactions in this Form 4 filing.
AMC Global Media Inc. director Thomas Charles Dolan received a grant of 10,926 director stock units under the company’s Amended and Restated 2011 Stock Plan for Non-Employee Directors. These units are fully vested on the grant date and each represents the cash equivalent of one share of Class A Common Stock, payable in cash 90 days after his Board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOLAN THOMAS CHARLES
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Units | 10,926 | $0.00 | -- |
Holdings After Transaction:
Director Stock Units — 10,926 shares (Direct, null)
Footnotes (1)
- Each director stock unit is granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors and represents a right to receive the cash equivalent of one share of Class A Common Stock. The director stock units are fully vested on the date of the grant and will be settled in cash on the first business day 90 days after service on the Board of Directors ceases. Granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors for no consideration.
Key Figures
Director stock units granted: 10,926 units
Transaction price per unit: $0.00
Underlying Class A shares reference: 10,926 shares equivalent
3 metrics
Director stock units granted
10,926 units
Grant to Thomas Charles Dolan on director stock units
Transaction price per unit
$0.00
Grant provided for no consideration
Underlying Class A shares reference
10,926 shares equivalent
Each unit equals cash value of one Class A share
Key Terms
Director Stock Units, Amended and Restated 2011 Stock Plan for Non-Employee Directors, Class A Common Stock, Board of Directors
4 terms
Director Stock Units financial
"Each director stock unit is granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors"
Director stock units are promises a company makes to its board members to pay them company shares (or cash equal to the share value) after a set period or when certain conditions are met. They matter to investors because they align directors’ incentives with shareholders—encouraging decisions that boost long‑term value—but can also increase the total shares outstanding when converted, slightly diluting existing ownership.
Amended and Restated 2011 Stock Plan for Non-Employee Directors financial
"Granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors for no consideration."
Class A Common Stock financial
"represents a right to receive the cash equivalent of one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Board of Directors financial
"will be settled in cash on the first business day 90 days after service on the Board of Directors ceases."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Thomas Charles Dolan acquire in AMC Global Media (AMCX) Form 4?
Thomas Charles Dolan received 10,926 director stock units as a grant. Each unit represents the cash equivalent of one share of AMC Global Media Class A Common Stock and is provided as part of non-employee director compensation.
Are the AMC Global Media (AMCX) director stock units immediately vested?
Yes, the director stock units are fully vested on the grant date. This means Dolan’s right to the cash value is not subject to additional service-based vesting, though actual payment occurs after his Board service ends.
How will Thomas Charles Dolan’s AMC Global Media (AMCX) director stock units be settled?
The director stock units will be settled in cash rather than shares. Payment occurs on the first business day 90 days after Dolan’s service on the AMC Global Media Board of Directors ceases, according to the plan terms.
What does each AMC Global Media (AMCX) director stock unit represent?
Each director stock unit represents the cash equivalent of one share of Class A Common Stock. This ties the value of the compensation to AMC Global Media’s share price without issuing actual stock to the director.
Did Thomas Charles Dolan pay anything for the AMC Global Media (AMCX) stock unit grant?
No, the director stock units were granted for no consideration. They are a form of compensation under AMC Global Media’s Amended and Restated 2011 Stock Plan for Non-Employee Directors, rather than a purchase by Dolan.
Does this AMC Global Media (AMCX) Form 4 reflect an open-market stock trade?
No, this Form 4 reports a compensation grant of director stock units, not an open-market trade. The units are cash-settled and tied to the value of Class A Common Stock, with no shares bought or sold in the market.